_Which of the following is example of external economies of scale?$? – McqOptions

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

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