Question: For the following industries, state whether the long run average cost curve has an extended range with a negative scope, a positive scope or a
For the following industries, state whether the long run average cost curve has an extended range with a negative scope, a positive scope or a zero scope, and whether decreasing, constant, or increasing returns to scale dominates in this industry
a) handcrafted pottery
b) manufacturing of smartphones
c) a particular high-qulity variery of coffee
d) e-book publishing
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