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ANTONII [103]
3 years ago
10

Differentiate between external economics of scale and internal economics of scale of production.​

Business
1 answer:
sergeinik [125]3 years ago
8 0

Answer:

There are two types of economies of scale: internal and external economies of scale. Internal economies of scale are firm-specific—or caused internally—while external economies of scale occur based on larger changes outside the firm. Both result in declining marginal costs of production, yet the net effect is the same

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