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Villerys39 Villerys39
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Posts: 476
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5 years ago

Question 1.

Which of the following is NOT a reason why a firm may experience economies of scale?

• dimensional factors

• increased layers of management

• improved productive equipment

• productive specialization

Question 2.

"The short-run average total cost curve and the long-run average cost curve are both U-shaped for the same reasons." Do you agree or disagree? Why?
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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Brittany08196Brittany08196
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5 years ago
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