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Growth - Coggle Diagram
Growth
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Economies of scale
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units Vc/unit TVC TFC Tc Ac
1000 2 2000 1000 3000 3
2000 2 4000 1000 5000 2.5
4000 2 8000 1000 9000 2.25
10000 2 20000 1000 21000 2.10
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Diseconomies of scale
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external
occurs once there is an increase in the average cost of production when a firm grows due to factors beyond its control
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