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    International Economics
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    Exam 7: External Economies of Scale and the International Location of Production
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    Why Is It That If an Industry Is Operating Under
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Why Is It That If an Industry Is Operating Under

Question 10

Question 10

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Why is it that if an industry is operating under conditions of internal scale economies then the resultant equilibrium cannot be consistent with the pure competition model?

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Because once one firm becomes bigger tha...

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