Concept of minimum efficient scale

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Use the concepts of economies and diseconomies of scale to describe the shape the companies long run ATC curve. Determine the concept of minimum efficient scale? What bearing can the shape of the long run ATC curve have on the structure of an industry?

Reference no: EM1372336

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Concept of minimum efficient scale : Use the concepts of economies and diseconomies of scale to describe the shape the companies long run ATC curve. Determine the concept of minimum efficient scale?

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