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International Business: Question 3. Describe the economic value of created from growth (economies of scale) and how to...

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Economics

International Business:

Question 3.

Describe the economic value of created from growth (economies ofscale) and how to determine when diseconomies of scale exist. Whatis the management imperative to mitigate diseconomies of scale?

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Economies of Scale It means when goods or services can be produced on a larger scale with less input cost Economies of scale may be divided into a Internal or Real Economies b External or Pecuniary Economies a Internal    See Answer
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