1. Our tablet is going to present you with a question or assertion and a series of answers. Your task is to decide which way to swipe the answer! Good luck! Start Welcome to Swipe.com Teacher setup Teacher setup Teacher setup Teacher setup Definitions

2. Your possible answer will show here Start Your question or assertion will show here. Teacher setup Teacher setup Teacher setup Teacher setup

3. Start Get ready to start! Start There are 10 possible answers. Teacher setup Teacher setup Teacher setup Teacher setup

4. Is this an ‘internal’ economy/diseconomy of scale or external? InternalExternal Firm can afford to diversify product rangeA more effective local transport network Firm receives lower rate of interest on loansLocal university opens up a research department Firm can afford to employ specialist workers Inefficient practices as market becomes less competitive Poorer communication with larger workforceShortage of input factors for entire industry Poorer levels of motivation among workers Firm experiences loss of managerial direction 111 1024 923 822 313 414 721 515 616 212 Teacher setup: Enter your question or assertion into row 1 of the table above. In row 2, add your swiping criteria (e.g. advantage/disadvantage or positive/negative). Enter up to 8 answers for each criteria. Note: You can only have up to 10 criteria in total.

5. Firm can afford to diversify product range Is this an ‘internal’ economy/diseconomy of scale or external? 1 1 Review Internal 0 0 External 0 0

6. Firm can afford to diversify product range Is this an ‘internal’ economy/diseconomy of scale or external? Internal External NEXT>>

7. Firm can afford to diversify product range Is this an ‘internal’ economy/diseconomy of scale or external? NEXT>> Internal External

8. Shortage of input factors for entire industry Is this an ‘internal’ economy/diseconomy of scale or external? 2 2 Review Internal 0 0 External 0 0

9. Shortage of input factors for entire industry Is this an ‘internal’ economy/diseconomy of scale or external? Internal External NEXT>>

10. Shortage of input factors for entire industry Is this an ‘internal’ economy/diseconomy of scale or external? NEXT>> Internal External

11. Inefficient practices as market becomes less competitive Is this an ‘internal’ economy/diseconomy of scale or external? 3 3 Review Internal 0 0 External 0 0

12. Inefficient practices as market becomes less competitive Is this an ‘internal’ economy/diseconomy of scale or external? Internal External NEXT>>

13. Inefficient practices as market becomes less competitive Is this an ‘internal’ economy/diseconomy of scale or external? NEXT>> Internal External

14. Local university opens up a research department Is this an ‘internal’ economy/diseconomy of scale or external? 4 4 Review Internal 0 0 External 0 0

15. Local university opens up a research department Is this an ‘internal’ economy/diseconomy of scale or external? Internal External NEXT>>

16. Local university opens up a research department Is this an ‘internal’ economy/diseconomy of scale or external? NEXT>> Internal External

17. Firm can afford to employ specialist workers Is this an ‘internal’ economy/diseconomy of scale or external? 5 5 Review Internal 0 0 External 0 0

18. Firm can afford to employ specialist workers Is this an ‘internal’ economy/diseconomy of scale or external? Internal External NEXT>>

19. Firm can afford to employ specialist workers Is this an ‘internal’ economy/diseconomy of scale or external? NEXT>> Internal External

20. Poorer communication with larger workforce Is this an ‘internal’ economy/diseconomy of scale or external? 6 6 Review Internal 0 0 External 0 0

21. Poorer communication with larger workforce Is this an ‘internal’ economy/diseconomy of scale or external? Internal External NEXT>>

22. Poorer communication with larger workforce Is this an ‘internal’ economy/diseconomy of scale or external? NEXT>> Internal External

23. A more effective local transport network Is this an ‘internal’ economy/diseconomy of scale or external? 7 7 Review Internal 0 0 External 0 0

24. A more effective local transport network Is this an ‘internal’ economy/diseconomy of scale or external? Internal External NEXT>>

25. A more effective local transport network Is this an ‘internal’ economy/diseconomy of scale or external? NEXT>> Internal External

26. Poorer levels of motivation among workers Is this an ‘internal’ economy/diseconomy of scale or external? 8 8 Review Internal 0 0 External 0 0

27. Poorer levels of motivation among workers Is this an ‘internal’ economy/diseconomy of scale or external? Internal External NEXT>>

28. Poorer levels of motivation among workers Is this an ‘internal’ economy/diseconomy of scale or external? NEXT>> Internal External

29. Firm experiences loss of managerial direction Is this an ‘internal’ economy/diseconomy of scale or external? 9 9 Review Internal 0 0 External 0 0

30. Firm experiences loss of managerial direction Is this an ‘internal’ economy/diseconomy of scale or external? Internal External NEXT>>

31. Firm experiences loss of managerial direction Is this an ‘internal’ economy/diseconomy of scale or external? NEXT>> Internal External

32. Firm receives lower rate of interest on loans Is this an ‘internal’ economy/diseconomy of scale or external? 10 Review Internal 0 0 External 0 0

33. Firm receives lower rate of interest on loans Is this an ‘internal’ economy/diseconomy of scale or external? Internal External NEXT>>

34. Firm receives lower rate of interest on loans Is this an ‘internal’ economy/diseconomy of scale or external? NEXT>> Internal External

35. Is this an ‘internal’ economy/diseconomy of scale or external? InternalExternal 0 0 Is this an ‘internal’ economy/diseconomy of scale or external? InternalExternal Firm can afford to diversify product rangeA more effective local transport network Firm receives lower rate of interest on loansLocal university opens up a research department Firm can afford to employ specialist workersInefficient practices as market becomes less competitive Poorer communication with larger workforceShortage of input factors for entire industry Poorer levels of motivation among workers Firm experiences loss of managerial direction Show teacher answers Show teacher answers Remove teacher answers Remove teacher answers

36. Positive and Normative Statements Whenever you are reading articles on current affairs it is important to be able to distinguish between objective and subjective statements. Positive statements are objective statements that can be tested, amended or rejected by referring to the available evidence. Positive economics deals with objective explanation and the testing and rejection of theories. A value judgement is a subjective statement of opinion rather than a fact that can be tested by looking at the available evidence Normative statements are subjective statements – i.e. they carry value judgments.