Solution-What do we mean by economies of scale

What do we mean by economies of scale

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1. What do we mean by economies of scale?

2. What are internal economies of scale? What are external economies of scale?

3. What is learning by doing (LBD)? What are LBD spillovers?

4. In medieval Europe, the production of woolen cloth was concentrated in a small number of towns. What explain this concentration, rather than having the production scattered over many different locations?

5. From the late 900s Frankish knights from northern France invaded neighboring areas, often acquiring control of territories. What were the three ingredients of their military technology?

Reference no: EM131212321

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What do we mean by economies of scale : What do we mean by economies of scale? What are internal economies of scale? What are external economies of scale? What is learning by doing (LBD)? What are LBD spillovers?

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What do we mean by economies of scale

Reference no: EM131212321

Reference no: EM131212321

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