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Is their an economies of scale in perfect competition? Can you site an example/s? thank you.

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Is their an economies of scale in perfect competition? Can you site an example/s? thank you.
Answered Same Day Dec 22, 2021

Solution

Robert answered on Dec 22 2021
125 Votes
Is there an economies of scale in perfect competition? Can you site an example/s?
Answer:
No, there are no economies of scale in the perfect competition.
Perfect competition is a market having large number of producers, large number of consumers,
homogeneous product, free exit and entry, no selling cost and perfect...
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