If a firm had decreasing returns to scale at all levels of output and it divided up

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If a firm had decreasing returns to scale at all levels of output and it divided up into two equal-size smaller firms, what would happen to its overall profits?

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Intermediate Microeconomics

ISBN: 978-0393934243

8th edition

Authors: Hal R. Varian

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Question Posted: Feb 25, 2019 06:16 AM

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If a firm had decreasing returns to scale at all levels of output and it divided up

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Intermediate Microeconomics

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