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From course:

Economics A Level (DONEEEEEEE)

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Question:

What does External Economies of Scale Entail?

Author: eric_galvao



Answer:

-Colleges offer Qualifications that Big Employers need, Training costs can fall -Big Firms in an Area can Improve the Road Network or Public Transport -If Firms are doing Related or Similar things, and are near each other, then Resources can be Shared. Suppliers may also move Closer as a result


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