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What, if any, legitimate concerns might Americans and the American government have had about Soviet spying and American Communists' disloyalty in the late 1940s? Why did the hunt for spies and subversives expand into a wide-ranging political witch hunt that smeared many innocent Americans?
Economies of Scale
Enterprises see cost efficiencies due to their operating scale, with the cost for every unit of output generally declining as the scale enlarges.
Economies of Scale
Describes the cost benefits that companies achieve through their operation size, where the cost for each unit produced typically falls as the scale of operation grows.
Constant Marginal Cost
A situation in which the cost of producing one additional unit of a product remains the same, regardless of the volume produced.
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