-
Def
- forces outside the firm which decrease AC as size of industry increases
-
types
-
Specialisation
-
specialized firms sell goods to firms
- plugs
- tyres
- windows
-
service
- insurance
- more companies to share financial risks
-
Education & training
- educate workers
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provided by
- government
- private sector
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R&D
- firms don't need to do their own R&D
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Infastructure
- if firm helps economy
-
government lower
- communications
- delivery
- waste disposal