Discuss return to scale and economies of scale


Problem

Return to scale and economies of scale are used in Microeconomics to insure and measure efficiency. Discuss return to scale and economies of scale; connect return to scale to economies of scale; and, explain how they are used to make efficient business decisions.

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: Discuss return to scale and economies of scale
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