6. Economics students often confuse (a) decreasing returns to the variable factor and (b) diseconomies of scale.

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6. Economics students often confuse

(a) decreasing returns to the variable factor and

(b) diseconomies of scale. Explain the difference between the two and give one example of each.

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Economics Private And Public Choice

ISBN: 9780123110404

2nd Edition

Authors: James D Gwartney; Richard Stroup; A H Studenmund

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