Project #58180 - Microeconomics

Limitations of production theory

1.      Discuss the impact of increasing returns to scale on market competition. Your discussion must explain external and internal economies of scale and how they alter market competition.                                                                       

 

2.      Explain the Cambridge Capital Controversies. Who were the major protagonists? What were the main questions addressed? What are the consequences of the UK criticisms? Assess who has won the debate.

                                                                                                                       

 

3.      What are the objectives of the firm? Explain the assumptions of neoclassical microeconomics. Compare and contrast this view with at least one alternative view.

 

 

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Due By (Pacific Time) 02/18/2015 01:00 pm
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