What is an external economy of scale?
A.
cheaper costs from purchasing large quantities of inputs
B.
decreased interest rates on borrowed funds
C.
increased labour productivity
D.
relevant training facilities at a local college
Exam No：9708_w24_qp_33 Year：2024 Question No：8
Answer:
D
Knowledge points:
7.5.6 internal and external economies of scale
7.5.7 internal and external diseconomies of scale
Solution:
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