ABC company had decreasing returns to scale at all levels of output and it is divided up into 2 equal- size smaller firms, what would happen to its overall profits? Discuss.
ABC company had decreasing returns to scale at all levels of output and it is divided up into 2 equal- size smaller firms, what would happen to its overall profits? Discuss.
Chapter23: Profit Maximization
Section: Chapter Questions
Problem 6E
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ABC company had decreasing returns to scale at all levels of output and it is divided up into 2 equal- size smaller firms, what would happen to its overall profits? Discuss.
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