Descriptor
| Cost Effectiveness | 1 |
| Economic Research | 1 |
| Economics | 1 |
| Economics Education | 1 |
| Higher Education | 1 |
| Input Output Analysis | 1 |
| Marketing | 1 |
| Productivity | 1 |
| Supply and Demand | 1 |
Author
| Cohn, Elchanan | 1 |
Publication Type
| Journal Articles | 1 |
| Reports - Descriptive | 1 |
Education Level
Audience
| Practitioners | 1 |
| Teachers | 1 |
Location
Laws, Policies, & Programs
Assessments and Surveys
What Works Clearinghouse Rating
Peer reviewedCohn, Elchanan – Journal of Economic Education, 1992
Expands on an earlier article which states that economies of scale cannot exist unless the production function exhibits increasing returns to scale. Argues that this is correct only to the extent that the firm faces constant input prices as output expands. Concludes that the assumption that product and input markets are competitive may be…
Descriptors: Cost Effectiveness, Economic Research, Economics, Economics Education
