6. Economics students often confuse (a) decreasing returns to the variable factor and (b) diseconomies of scale.
Question:
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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Related Book For
Economics Private And Public Choice
ISBN: 9780123110404
2nd Edition
Authors: James D Gwartney; Richard Stroup; A H Studenmund
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