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Pick a firm in the real world and explain whether you think they would be considered in the range of economies of scale, diseconomies of
Pick a firm in the real world and explain whether you think they would be considered in the range of economies of scale, diseconomies of scale, or constant returns to scale. Do you think your firm's market can support several firms that are sized differently? Or do you think their market must have identically (or nearly identically) sized firms? Why might this be
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