Economies of Scale
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internal diseconomies of scale
diseconomies of scale that arise from the expansion of a firm
external diseconomies of scale
diseconomies of scale that arise from the expansion of the industry in which a firm is operating
internal economies of scale
economies of scale that arise from the expansion of a firm
external economies of scale
economies of scale that arise from the expansion of the industry in which a firm is operating
economies of scale
occur for a firm when a an increase in the scale of production leads to production at lower long-run average cost