話説芒果們星期一就要考經濟了，今天想分享 internal economies of scale.
There is managerial economies of scale.
On a larger scale, management experts can be hired and a wider scope of specialization can be applied among its staff. Thus, productivity rises and long run average cost decreases.
There is financial economies of scale.
On a larger scale, firms can receive loans more easily due to goodwill and can bargain for a lower interest rate. Thus, long run average cost decreases.
There is marketing economies of scale.
On a larger scale, firms can spread its advertising cost over a larger output, long run average cost decrease.
There is purchasing economies of scale.
On a larger scale, firms can buy raw materials in bulk and enjoy discounts. Thus, long run average cost decrease.
There is technical economies of scale.
On a larger scale, the firm can utilize its machine more fully and afford more advanced machines. Productivity rises and long run average cost decreases.
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