[marcosdumay]

When I asked if monopolies produced more or less goods than competitive markets, it got the effect of economy of scale exactly inverted, and finished with the usual textbook answer that monopolies produce less and thus created less value.

[hot_gril]

That's what I was afraid it might do with a somewhat technical subject like this, get two words reversed and change the whole meaning.

[mnkm]

yep -- held off on textbooks for this reason.