Business, 18.03.2020 04:23 Rosa2602

Which of the following statements accurately brings out the difference between economies of scale and learning effects?

Learning effects occur over time, whereas economies of scale are captured at one point in time when output is increased.

Firms experience economies of scale when output increases, and they experience learning effects when output decreases.

While there are no diseconomies to scale, there are diseconomies to learning.

Economies of scale reduce cost per unit, whereas learning effects increase cost per unit.

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Which of the following statements accurately brings out the difference between economies of scale an...

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