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3 Tutorials that teach Constant, Increasing and Decreasing Cost Industries
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Constant, Increasing and Decreasing Cost Industries

Constant, Increasing and Decreasing Cost Industries

Author: Catherine Barry
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This lesson will explain Constant, Increasing and Decreasing Cost Industries

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Terms to Know
Diseconomies of Scale

An increase of operational facilities that create an increase in marginal cost.

Economies of Scale

An increase of operational facilities that create a decrease in marginal cost.