EPISODE · May 14, 2009 · 4 MIN
The Long Run
from Econs for the Ipod · host Jonathan Evans
In this podcast, we examine the long run in more detail. We explain five possible sources of economies of scale and how to derive the long run average total cost curve from the short run average total cost curves for the firm.
What this episode covers
In this podcast, we examine the long run in more detail. We explain five possible sources of economies of scale and how to derive the long run average total cost curve from the short run average total cost curves for the firm.
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The Long Run
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