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


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