question archive QUESTION 2) a) What is economies of scale? What is diseconomies of scale? b
QUESTION 2) a) What is economies of scale? What is diseconomies of scale? b
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QUESTION 2) a) What is economies of scale? What is diseconomies of scale? b. What is economies of scope? c. What is learning by doing? d. What does it mean for a factor of production to have diminishing marginal product? e. What is the relationship between average total cost (ATC) and marginal cost (MC) of production?
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