Why are there no significant economies of scale

Reference no: EM132180430

Question: 1. Explain why a firm which is making losses in The hart run might increase its output in the long run while the output of the industry falls.

2. Why are there no significant economies of scale in perfect competition?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132180430

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