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Managerial Economics 2nd Edition by William Boyes
Edition 2ISBN: 978-0618988624Managerial Economics 2nd Edition by William Boyes
Edition 2ISBN: 978-0618988624 Exercise 15
If the downsizing trend of the late 1980s and early 1990s was due to technological change, what should it mean for individual firm costs? If the downsizing trend was a mistake-firms cutting employees and increasing productivity in the short term only to suffer long-term reductions in productivity-what should it mean for individual firm costs?
Explanation
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Economy:
An economic position of a coun...
Managerial Economics 2nd Edition by William Boyes
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