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external economies refer to the

external economies refer to the
  • A.
    cost-saving advantage a firm enjoys when by being close to other firm in the same industry
  • B.
    disadvantage to a firm that is close to other firms
  • C.
    economies of large scale production
  • D.
    economies of low scale production
  • E.
    artificial scarcity of goods
Correct Answer: Option A
Explanation