MARIST MICROECONOMICS CUSTOM
MARIST MICROECONOMICS CUSTOM
10th Edition
ISBN: 9781308945187
Author: Colander
Publisher: MCG/CREATE
Question
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Chapter 12.1, Problem 3Q
To determine

Explain why larger production runs often cheaper than the smaller production.

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Students have asked these similar questions
Would you please tell me how the economies of scale can spread out the cost of production, so that the average cost of each product is reduced?
At what level of output is minimum efficient scale realized?
Explain how a decrease in input prices or an increase in efficiency would affect costs.
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