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thanhha78 thanhha78
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6 years ago
Suppose McDonald's puts up five new stores in San Francisco using exactly the same floor plan, capital equipment and number of workers, then the long run average cost curve of McDonald's would be ________ and the company experiences ________.
A) horizontal; economies of scale
B) horizontal; diseconomies of scale
C) upward sloping; economies of scale
D) horizontal; constant returns to scale
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Quinn1981Quinn1981
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6 years ago
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thanhha78 Author
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6 years ago
Can't thank you enough for this, appreciate it!
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