After Henry Ford invented the assembly line for manufacturing automobiles, other automobile firms copied his invention. The

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After Henry Ford invented the assembly line for manufacturing automobiles, other automobile firms copied his invention. The new technology increased the economies of scale in automobile manufacturing. In the long run, how do you think it changed the size of the typical automobile firm? Why?
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Microeconomics

ISBN: 978-1118572276

5th edition

Authors: David Besanko, Ronald Braeutigam

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