What is the difference between economies of scale and returns to scale?

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Microeconomics

ISBN: 978-0132857123

8th edition

Authors: Robert Pindyck, Daniel Rubinfeld

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Question Posted: Dec 22, 2015 02:21 AM

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What is the difference between economies of scale and returns to scale?

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Economies of scale depend on the relationship between cost and outputie how does cost c...View the full answer

Microeconomics

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