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Use the concepts of economies and diseconomies of scale to explain the shape of a firm’s

  Use the concepts of economies and diseconomies of scale to explain the shape of a firm’s long-run ATC curve. What is the concept of minimum efficient scale? What bearing can the shape of the long-run ATC curve have on the structure of an industry?

Does additive manufacturing rely on economies of scale to deliver low costs? What are two ways in which additive manufacturing lowers costs?

Dec 05 2019 View more View Less

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