Exam (elaborations)
ECS3704 Assignment 1 Semester 1 2023 (211581) Questions and Answer {Distinction level}
- Course
- Institution
external scale economies - -when the average cost of the typical firm declines as the output of the industry within a geographic area increases -internal scale economies - -firm specific, caused internally -product differentiation - -the process of distinguishing a product or service from oth...
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