What is the usefulness of learning curves as managerial tool


What is the meaning of economies of scope and how do they differ from economies of scale? What do learning curves show and how do they differ from economies of scale? What is the usefulness of learning curves as a managerial tool? What is the reason for rising international trade in inputs and the use of foreign skilled labor?

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Microeconomics: What is the usefulness of learning curves as managerial tool
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