Essentials of Economics (MindTap Course List)
Essentials of Economics (MindTap Course List)
8th Edition
ISBN: 9781337091992
Author: N. Gregory Mankiw
Publisher: Cengage Learning
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Chapter 12, Problem 8QR
To determine

The economies of scale and diseconomies of scale.

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Identify and describe three examples of economies of scale and three examples of diseconomies of scale and explain why economies of scale are only available in the long-run?
describe economies and diseconomies of scale while explaining possible reasons for both situations to occur
Distinguish between economies of scale and diseconomies of scale. Give examples of why a firm may experience economies of scale.
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