Question
Differentiate between
(i) External Economies and External Diseconomies
(ii) Explicit Cost and Implicit Cost
Answer :
Word Count : 226
| Aspect | External Economies | External Diseconomies |
|---|---|---|
| Definition | Benefits enjoyed by firms due to external factors like improvements in infrastructure, skilled labor availability, etc. | Negative external effects that harm firms due to external factors like pollution, congestion, etc. |
| Cause | Arises from factors outside the firm's control, such as ______ _____ ___ ______ ______ __________ _______ ____ ______. ___ _________ ______ _________ _______ ________ ________ ____ __________ ______. __________ ________ __________ ____ _______ _______. _________ _____ _______ ________ __________ _________ _________ ______ _______ _____ _______. ______ _________ ________ _______ ________ ________ _____. ___ _______ ___ _________ ___ __________. ___ __________ ____ _____ _____ ______ __________ _________ _____. _________ __________ ________ ______ _____ _______. ________ _______ _______ _________ __________ ________ ___ _________ ______ _____ _____ _______. ________ _____ _________ ________ _________ ______ ________ _____. _______ ________ _____ ___ _____ __________ ______ ___ __________ ______ __________. ________ _____ ________ ___ ______ ________ _____ ____ __________. ___ ___ _________ ______ _____ _________ ________. _______ __________ _________ _____ _____ _________ ____ _____ _______. ________ _____ ______ _________ __________ ______ _______ ___ ______. ________ __________ ___ ____ _________ _______. ___ __________ _____ __________ ___ ___ ______ _______ ___ ____. __________ _________ ____ _________ ______ _____ __________ __________ ________ _____. _________ __________ ___ ________ ___ ________ ___ __________. __________ ____ ________ __________ _________ ___ _______. Get Full Answer on WhatsApp IGNOU NEWS Assignment Submission Last Date Extended Till 30 June 2026 Click Here★★★IGNOU June 2026 TEE Date Sheet Released Click Here★★★ Top |