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pgakui pgakui
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2 years ago
In the long run, decreasing returns to scale are likely to be caused by

▸ increasing specialization of labour.

▸ decreasing costs.

▸ a decrease in factor prices.

▸ diseconomies of scale associated with management problems.

▸ diminishing returns to the variable factor.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
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frithnefrithne
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pgakui Author
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2 years ago
Smart ... Thanks!
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this is exactly what I needed
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