According to the book, Akio Morita (the founder of Sony)drew a long-run average cost curve that was

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The U-shaped long-run average cost curve is a common concept in microeconomics, indicating that as a firm increases output initially, average costs decrease due to economies of scale, but at a certain point, average costs begin to increase due to diseconomies of scale. Akio Morita's decision to draw a U-shaped curve suggests that he was aware of the importance of economies of scale in achieving cost efficiency but also recognized the potential limitations of increasing output beyond a certain point.

According to the Book, Akio Morita (The Founder of Sony)drew