Suppose that a firm faces increasing returns to scale at
Suppose that a firm faces increasing returns to scale at low levels of output and constant returns to scale at high levels of output. Draw the long run average cost curve implied by your diagram and explain the reason for its shape.
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suppose that a firm faces increasing returns to scale at low levels of output and constant returns to scale at high
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managers and leaders at some point in time all have to manage and implement some sort of changes list and describe for
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