Use the concepts of economies and diseconomies of scale to
Use the concepts of economies and diseconomies of scale to explain the shape of a firm's long-run ATC curve. What is the concept of minimum efficient scale? What bearing can the shape of the long-run ATC curve have on the structure of an industry?
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use the concepts of economies and diseconomies of scale to explain the shape of a firms long-run atc curve what is the
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