Science, asked by RAPO4Eva, 2 months ago

What is agglomeration economies?

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Answered by himanichachda29
2

Answer:

Agglomeration economies or external economies of scale refer to the benefits from concentrating output and housing in particular areas.

If an area specialises in the production of a certain type of good, all firms can benefit from various factors such as:

Good supply networks

Supply of trained workers

Infrastructure built specifically for the industry

Good transport links

Answered by yashashvirajput6c40
13

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