External economy refers to the reduction in production costs caused by various factors outside the company; external diseconomy refers to the increase in production costs due to various factors outside the company. These influencing factors include the company's distance from the raw material supply site and product sales market The distance, the size of the market capacity, the convenience of transportation and communication, the development level of other related enterprises, etc.
external economy, as defined above?
An automobile manufacturing company reduced the production cost of automobiles due to increased productivity and improved management