Internal economies -; 1) arise in an economy as it makes progress; 2) accrue to a firm when it expands its output; 3) arise when there is expansion in internal trade; 4) arise when there is expansion in an industry
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Internal economies -; 1) arise in an economy as it makes progress; 2) accrue to a firm when it expands its output; 3) arise when there is expansion in internal trade; 4) arise when there is expansion in an industry
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(2) accrue to a firm when it expands its output
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