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lectur21-page8 - regional or national market? This is why...

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d. Are your abilities to purchase inputs adequate? Is the input market large enough to service your needs? e. Can the existing market for your commodity handle your production volume? If the local market is not large enough, can you handle a
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Unformatted text preview: regional or national market? This is why economic growth in an area is so important. As the economy grows, markets grow and businesses expand attempting to reach the production level associated with minimum LAC....
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This note was uploaded on 12/29/2011 for the course ECO 210 taught by Professor Malls during the Fall '10 term at SUNY Stony Brook.

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