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Title: If a firm's long-run average total curve shows that it can produce 5,000 DVDs at an average cost of ...
Post by: violin13 on Feb 26, 2019
If a firm's long-run average total curve shows that it can produce 5,000 DVDs at an average cost of $2.00 and 15,000 DVDs at an average cost of $1.50, this is evidence of

• diminishing returns.

• economies of scale.

• diseconomies of scale.

• the law of supply.


Title: If a firm's long-run average total curve shows that it can produce 5,000 DVDs at an average cost of ...
Post by: cuddahy99 on Feb 26, 2019
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Title: Re: If a firm's long-run average total curve shows that it can produce 5,000 DVDs at an average ...
Post by: Anushka Kairon on Apr 22, 2020
Thanks


Title: Re: If a firm's long-run average total curve shows that it can produce 5,000 DVDs at an average ...
Post by: BM2021 on Oct 30, 2020
Perfect


Title: Re: If a firm's long-run average total curve shows that it can produce 5,000 DVDs at an average ...
Post by: James Rose on Dec 10, 2020
awesome thank you