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From course:

Economics A Level

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Question:

What is Managerial Economies of Scale?

Author: go kys



Answer:

-An Internal Economies of Scale -Large Firms can employ Specialist Mangers that tackles different Caters of the Firm. Expertise and Experience is gathered, leading to better Decision Making -Manger Numbers aren't dependent on the Production Scale. If Production Doubled, Manger Numbers probably won't Double. So AC of Mangers fall.


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go kys
go kys