Discuss firm extends production beyond optimum combination
Problem: Diseconomies happen when the firm extends production beyond the optimum combination of factors; it becomes too big to manage with same efficiency as before? TRUE or FALSE?
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What other purpose than profitability might cause the firm to make this decision vertically integrate in this way?
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Diseconomies happen when the firm extends production beyond the optimum combination of factors; it becomes too big to manage
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Under perfect competition, a firm is said to be in equilibrium when its profits are maximum, which depends upon cost and revenue of the firm?
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