Question: A young boy sets up a lemonade stand on the corner of College Street and Air Park Boulevard, Temperatures in the area climb to 100

A young boy sets up a lemonade stand on the corner of College Street and Air Park Boulevard, Temperatures in the area climb to 100 during the summer. The intersection is near a major university and a large construction site. Explain to this young entrepreneur how his business might benefit from economies of scale. Explain also some conditions that might lead to diseconomies of scale.

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