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Tidy Tidy
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Posts: 4852
8 years ago
Economies of scale exist as a firm increases its size in the long run because of all of the following except
A) the firm can afford more sophisticated technology in production.
B) labor and management can specialize even further in their tasks.
C) as a larger input buyer, the firm can purchase inputs at a lower per unit cost.
D) as a firm expands its production, its profit margin per-unit of output increases.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 162 times
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SmooothSmoooth
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Posts: 5500
8 years ago
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8 years ago
You're welcome Happy Dummy
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