Describe conditions under which firm has economies of scale


Problem

1. Describe the conditions under which a firm has economies of scale, diseconomies of scale, and constant economies of scale.

2. When does a producer face economies of scope? When does a producer face diseconomies of scope?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Describe conditions under which firm has economies of scale
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