Should be recognized from economies coming from an expansion

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Economies of scale should be recognized from economies coming from an expansion in the development of a given plant- Whenever a plant is utilized underneath its ideal creation limit, expansions in its level of use achieve diminishes in the all out normal expense of creation. As seen, among the others, by Nicholas Georgescu-Roegen (1966) and Nicholas Kaldor (1972) these economies are not economies of scale.

Reference no: EM133212936

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