a. A local entrepreneur has built a successful business which is still growing. He is aware that the increase scale operation has a number of cost advantages but it is finding the administration of organization increasing difficult. He asks you as a student of economics, with the help of a diagram, to explain the relative merits of expanding the size of his business 

b. Using an appropriate model discuss an oligopolistic market with particular emphasis of the concept of uncertainty and interdependence.

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a Conceivably the best upper hand of business growth is the capacity to benefit from the economies of scale As you increment your creation yield you c... View the full answer