Comment on how to know whether the firm is operating under

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Reference no: EM13453328

Economies of scale (or increasing returns to scale), dis-economies of scale (or decreasing returns to scale), and constant returns to scale. Comment on how to know whether a firm is operating under which scale and the significance of this? Also, is there a trend that the economies of scale may change with production or time? Finally, as some of you have pointed out, how does this differ from economies of scope? Provide an example?

Reference no: EM13453328

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