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Give two reasons for the operation of the law of increasing returns to scale.

+1 vote

asked Sep 21, 2018 in Class 12 by kratos

Give two reasons for the operation of the law of increasing returns to scale.

isc
cbse
class-11
production and costs
icse
production analysis
class-12

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1 Answer

+2 votes

answered Jul 29, 2020 by kratos

Best answer

(i) Technical economies.

(ii) Discovery of new ways to do things or innovations.

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