Principles of Economics 3e¶
Greenlaw, S. A., Shapiro, D., & MacDonald, D. (2022). Principles of Economics 3e.
Cited by¶
2 citations across 2 artifacts.
Each citation links to the sentence it supports in the citing article.
Mechanisms¶
- Per-Unit Invariance Check
- The assumed per-unit invariance holds only below the knee; past it the depot suffers a diseconomy of scale.
This sourceExplains that beyond an efficient scale, further expansion can create diseconomies and raise average cost.
- The assumed per-unit invariance holds only below the knee; past it the depot suffers a diseconomy of scale.
- Vertical Scale-Up
- A single unit has a hard ceiling, and pushing toward it obeys diminishing returns — each increment of depth buys less capacity while costing more, until you're paying a steep premium for a sliver of headroom.
This sourceExplains that fixed inputs constrain maximum short-run output and that added variable inputs eventually yield progressively smaller marginal gains.
- A single unit has a hard ceiling, and pushing toward it obeys diminishing returns — each increment of depth buys less capacity while costing more, until you're paying a steep premium for a sliver of headroom.
Verification¶
Does it exist? Not checked yet. This entry carries no identifier to resolve. It was extracted from the citation as written in the article, normalized, and deduplicated against the rest of the registry.
Does it back the claim? Not recorded. Neither this nor any other of the 2 citations of this work carries a recorded support check.
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Links previously used in the corpus¶
Before the registry existed this work was also linked 1 other way.
Registry ID ref:607f3d1b811a · see in the full table