Question
Watch videos Diminishing Returns and the Production Function and Economies of Scale and Long-Run Costs and participate in this Discussion Forum. The videos are this
Watch videos "Diminishing Returns and the Production Function" and "Economies of Scale and Long-Run Costs" and participate in this Discussion Forum.
The videos are this two link:
https://youtu.be/JdCgu1sOPDo
https://youtu.be/xLSRMt-wWAM
After watching those two link answer the following question
Which two (2) economic concepts of production theory can be used by business owners to decide on key issues affecting their firms?
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Essentials Of Business Law And The Legal Environment
Authors: Richard A Mann, Barry S Roberts
10th Edition
0324593562, 9780324593563
