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Scale International
Economies of scale in international trade?
Economies of scale are important in markets that are not perfectly competitive. What is the key role of economies of scale in the analysis of markets that are monopolistic competition? What is the role in an oligopoly?
Economies of scale with monopolistic competition … hmmm. I broke the question into parts. 1) The definition of economies of scale efficiency point to the "size" Given that a pure monopoly is stuck selling a product at a price of supply and price line. Therefore, I think your question has to know what size is to prevent competition in an open market. A key feature is the establishment of barriers to market entry. Once the market catches bsns is objective is to avoid competition. Chemical plants are notorious for "the creation of environmental laws" that must be met in order to be a manufacturer of chemicals, Meanwhile, the change has little effect on an established business.
