How do firms benefit from economies of scale


Question 1. How do firms benefit from economies of scale?

Question 2. What might be some potential disadvantages of being part of a large corporation?

Question 3. Suppose business is booming at your firm. It is contemplating adding more capital, but the day supervisor suggests simply hiring more workers. How should the you decide which alternative to pursue?

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Microeconomics: How do firms benefit from economies of scale
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