Friday, 6 August 2021

Who amongst the following economists gave the concept of ' economies of scale', which says ' many goods and services ' can be produced more cheaply in long series

 Who amongst the following economists gave the concept of ' economies of scale', which says ' many goods and services ' can be produced more cheaply in long series?

a) Paul Krungman
b) Edmund S Phelps
c) Gary S Becker
d) Amartya Sen
e) Edward C Prescott
 Answer : a) Paul Krungman

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