
Economies of Scale- Micro 3.2: In this video I explain the idea of what happens to output and costs in the long-run. I cover two similar but different ideas: increasing retruns to scale and economies of scale. The first one focuses on what happens to output and the second focuses on costs. I also cover t he idea of diseconomies
Via https://www.youtube.com/watch?v=JdCgu1sOPDo | Amazon
Keywords: becposts, becvideos, economics