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Give two examples of external economies. - Economics

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प्रश्न

Give two examples of external economies.

लघु उत्तरीय
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उत्तर

Two examples of external economies are:

  • Better Infrastructure: When an industry expands, the government may develop roads, power, or ports, benefiting all firms.
  • Skilled Labour Availability: With more firms in the industry, training centres or institutions may emerge, making skilled workers easily available to all.
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अध्याय 8: Cost and Revenue Analysis - TEST YOURSELF QUESTIONS [पृष्ठ १६१]

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फ्रैंक Economics [English] Class 12 ISC
अध्याय 8 Cost and Revenue Analysis
TEST YOURSELF QUESTIONS | Q 43. (ii) | पृष्ठ १६१
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