Which of the following is an external economy of scale in Long Run?

CA Foundation · Business Economics · MTP · May 2026
Which of the following is an external economy of scale in Long Run?
(A) A. Risk bearing economies
(B) B. Financial Economies
(C) C. Development of skill labour
(D) D. All the above

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Development of skill labour

Topics: Theory of Production and Cost

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