I need the answer as soon as possible 23. Which of the following is exampleof external economies of scale?A. O Discount on purchases of rawmaterialsB. O Technical progress leads todevelopment of machine at lowpriceC. O Hiring of specialized staff due toincrease in scale of productionD. O A firm starts producing by-products

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Which of the following is example of external economies of scale? Discount on purchases of raw

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter7: Proudction Costs

Section7.5: Long-run Production Costs

Problem 1YTE

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I need the answer as soon as possible

23. Which of the following is example
of external economies of scale?
A. O Discount on purchases of raw
materials
B. O Technical progress leads to
development of machine at low
price
C. O Hiring of specialized staff due to
increase in scale of production
D. O A firm starts producing by-products

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