Economics A Level (DONEEEEEEE): What is
1. External Economies of Scale
2. External Diseconomies of Scale

Question

What is 
1. External Economies of Scale
2. External Diseconomies of Scale

eric_galvao · Accepted Answer

1. This makes the LRAS fall Downwards - AC falls at ALL output levels (Technology breakthrough)
2. Forces the LRAS upwards - AC rises at ALL Output levels (Fuel Duty)

Economics A Level (DONEEEEEEE)

What is 1. External Economies of Scale 2. External Diseconomies of Scale

1. This makes the LRAS fall Downwards - AC falls at ALL output levels (Technology breakthrough) 2. Forces the LRAS upwards - AC rises at ALL Output levels (Fuel Duty)

Author