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Re: scale economies



Michael Perelman wrote:

>Charles Mueller likes Adams, who is the probable source:
>Adams, Walter. 1986. The Structure of American Industry, seventh edition
>(NY: Macmillan).
> 133-136: The minimum efficient scale is about 300,000 vehicles per year.

Bingo, Michael. So what do you think of this? It seems right up your alley.

Why is GM so damn big then?

Doug





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