If the production of a large firm is higher than that of a small firm, it is experiencing.

  • A external economies of scale
  • B external diseconomies of scale
  • C internal economies of scale
  • D internal diseconomies of scale
jamb 2014economics

The correct answer is C. internal economies of scale

"Internal economies are those economies in production which occur to the firm itself when it expands its output or enlarge its scale of production"

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