Why was this not the case during 2020 to 2022? What happened in the markets that prevented this normal mechanism from working?

Marginal Product and Resources We can identify from this reading that as more quantity is produced, inputs used can be purchased in larger quantities – known often as economies of scale. Why was this not the case during 2020 to 2022? What happened in the markets that prevented this normal mechanism from working? There were […]

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