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Explore how a firm determines the optimal scale of a plant for a given rate of output

Question # 00375706
Subject: Accounting
Topic: Accounting
Due on: 09/01/2016
Posted On: 09/01/2016 01:49 AM

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Explore how a firm determines the optimal scale of a plant for a given rate of output and why this determination relates to longer-run strategies versus current operations. Also, discuss the differences between economies of scale and economies of scope and how firms can benefit from each.
Then, provide a specific company example of economics of scale or economics of scope and how it affects production and cost or how technology affects the inputs and costs. Conduct research and use specific examples. make sure cite in appropriate discipline.
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Explore how a firm determines the optimal scale of a plant for a given rate of output

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Posted On: 09/01/2016 01:50 AM
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