What are dynamic increasing returns

Reference no: EM133614341

Problem: What give rise to external economies of scale? What are the implications for the industry's market structure? What is the role of historical accident for the pattern of specialization and trade in industries with external economies of scale? What are dynamic increasing returns?

Reference no: EM133614341

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What are dynamic increasing returns : What give rise to external economies of scale? What are the implications for the industry's market structure? What are dynamic increasing returns?

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