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Chako Chako
wrote...
Posts: 2948
8 years ago
In an industry where firms experience internal scale economies, the long-run cost of production will depend on
A) individual firms' fixed costs.
B) the size of the labor force.
C) whether the country engages in intra-industry trade.
D) whether the country engages in inter-industry trade.
E) the size of the market.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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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
Correct!
wrote...
8 years ago
Good luck
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