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Unformatted text preview: SAC5 firm should be a regional player in the southeast Pennsylvania market; underestimate the extent of competition SAC1 to SAC4 costs go down and quantity rises more than double that costs went down; increasing returns to scale SAC4 minimum efficient size Constant returns to scale Extension of MES creates a barrier to entry of competition - monopoly...
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This note was uploaded on 04/07/2008 for the course ECO 242 taught by Professor Tribble during the Spring '08 term at Spelman.
- Spring '08