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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 a reason.

another

/əˈnəT͟Hər/

adjective determiner pronoun

One more, but not this. used to refer to additional person or thing of same type as one. One more (thing).

efficient

/əˈfiSHənt/

adjective

Able to produce results without waste.

getting

/ɡet/

verb

To become affected by illness or disease.

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 hit or strike someone or something with force.

declining

/dəˈklīniNG/

adjective verb

becoming smaller, fewer, or less. To not accept an invitation or offer; refuse.

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

occasionally, rather than all of time.

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

Typical or normal; usual; ordinary. Total of numbers divided by the number of items. 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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