Economies of scale are of two kinds ........

Economics- Phase (I & II) Demand and Supply for Money

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Economies of scale are of two kinds

Temporary and permanent

Internal and external

Managerial and industrial

Natural and artificial

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Explanation:

Economies of scale are of two kinds Internal and external. Internal economies of scale are firm-specific or caused internally while external economies of scale occur based on larger changes outside the firm. Both result in declining marginal costs of production, yet the net effect is the same.

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