Economies and Size

David Reisman

Chapter 4 in The Economics of Alfred Marshall, 1986, pp 71-95 from Palgrave Macmillan

Abstract: Abstract The previous chapter was concerned with supply over time. The next chapter but one is about market structures. The present chapter contains elements of both; for the topic of economies and size refers to the manner in which the average cost of supplying one unit of output changes over time — and to the implications of those changes for the future of competitive markets.

Keywords: Large Firm; Skilled Labour; Average Cost; Cost Curve; Supply Curve (search for similar items in EconPapers)
Date: 1986
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-08515-6_4

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DOI: 10.1007/978-1-349-08515-6_4

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