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Chako Chako
wrote...
Posts: 2948
8 years ago
If output is increased in the long-run, average production costs in the presence of internal economies of scale will ________, and in the presence of external economies of scale, will ________.
A) decrease; decrease
B) decrease; remain constant
C) remain constant; increase
D) increase; remain constant
E) increase; decrease
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 123 times
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Answer verified by a subject expert
machukianmachukian
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Posts: 2946
8 years ago
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Chako Author
wrote...
8 years ago
I doubted this website before I signed up. I regret not being a member earlier lol
wrote...
8 years ago
Good luck
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