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Author Question: For the following, please answer "True" or "False" and explain why.Economies of scale and Increasing ... (Read 72 times)

Charlie

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Question 1

Explain how a firm can have constant returns to scale in production and economies of scale in cost.

Question 2

For the following, please answer "True" or "False" and explain why.


Economies of scale and Increasing Returns to Scale are the same thing looked at from either the production or cost perspective.


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Marked as best answer by Charlie on Mar 14, 2021

isabelt_18

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Charlie

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Reply 2 on: Mar 14, 2021
Excellent


laurnthompson

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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