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Explain why economies of scale, constant returns to scale, and diseconomies of scale occur.

Explain why economies of scale, constant returns to scale, and diseconomies of scale occur.

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Lets use a noneconomic example to make the economic point Suppose an army of 100 soldiers using light weapons was able to capture 10 acres of enemy te…View the full answer


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Principles of Economics

Principles of Economics

ISBN: 978-1285064437

7th edition

Authors: Fred M. Gottheil

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Posted Date: April 21, 2015 09:33:04
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