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Economics (AS & A Level) · May / June 2025 · Paper 31 · Question 5

9708Types of cost, revenue and profit, short-run and long-run production

What is an internal economy of scale?

  1. Aefficient local transport networks
  2. Bimproved access to spare parts as a result of industry growth
  3. Clower risks from supplying a wider range of customers
  4. Dthe training of skilled labour at a college financed by local firms

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Correct answer: C. lower risks from supplying a wider range of customers

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