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Minimum efficient scale and market concentration | APⓇ Microeconomics | Khan Academy

13,095 views

Khan Academy

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

98%
  • 6:02 / 6:07

Speech Rate:

  • 172 wpm - Fast

Category:

  • Education

Tags :

Intro:

Video Vocabulary

because

/bēˈkəz/

conjunction

for reason that.

another

/əˈnəT͟Hər/

adjective determiner pronoun

One more, but not this. One more added. additional person or thing of same type.

efficient

/əˈfiSHənt/

adjective

achieving maximum productivity with minimum wasted effort or expense.

getting

/ɡet/

verb

To prepare for use.

smallest

/smôl/

adjective

Least in amount or the least large in size.

impacts
noun other verb

action of one object striking another. Very strong influences. To affect someone or something greatly.

declining

/dəˈklīniNG/

adjective verb

becoming smaller, fewer, or less. To lessen in quality or value.

minimum

/ˈminəməm/

adjective noun

smallest or lowest. Smallest degree or level that is acceptable.

abbreviated

/əˈbrēvēˌādəd/

adjective verb

shortened. To shorten a word or phrase by leaving out letters.

sometimes

/ˈsəmˌtīmz/

adverb

Only at certain times; occasionally.

thinking

/ˈTHiNGkiNG/

adjective noun verb

using thought or rational judgement. process of considering or reasoning about something. To have an idea, opinion or belief about something.

concept

/ˈkänˌsept/

noun

Abstract idea of something or how it works.

average

/ˈav(ə)rij/

adjective noun verb

constituting result found by dividing total amount. number expressing the central or typical value in a set of data. amount to or achieve as average rate or amount over period of time.

economies

/əˈkänəmē/

noun other

state of area regarding production and consumption of goods and services. Total of all goods, services and wages in an area.

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