Adam Smith noted each of the following economies of scale except _______. a) specialization b) employment of
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Adam Smith noted each of the following economies of scale except _______.
a) specialization
b) employment of expensive equipment
c) saving of time that would otherwise be spent going from one task to another
d) diminishing returns
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Adam Smith did not consider diminishing returns as an economy of scale Heres the reasoning Economies ...View the full answer
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