THE ECONOMY OF SCALE SHAPED AS MONOPOLY VS. THE SUSTAINABLE ECONOMIC GROWTH

This paper analyses all the economic connections between economies of scale and the present knowledge concerning the resources needed for accomplishing, in the long term, sustainable economic growth, aiming at clarifying, in theory at least, the best 'recipe' for a (large) company, in this context: to be just an economy of scale or a monopoly based on an economy of scale? To find out, we analyzed multilaterally these two types of companies' handling of the total (average) cost issue, keeping in mind, in this context, a monopoly is better, if can be, run as an economy of scale.