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External economies arises essentially from - JAMB Economics 2019 Question

External economies arises essentially from__________

A
a firm's individual policies
B
localisation of industry
C
government economic policy
D
free transferability of shares
correct option: b

The benefits a firm derives from concentration or localisation of industries in a particular area or the benefits a firm enjoys from increase in its output and decrease in cost as a result of the kind of assistance it derives from other firms is seen as an external economie

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