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insherro insherro
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Assume that firms A and B have the same minimum efficient scale of operation and, at current production levels, both firms are incurring the same average costs of production. However, firm A's output is 5 times larger than firm B's output. How is this possible?
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Economics for Managers

Economics for Managers


Edition: 3rd
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University of Ottawa - Economics for Managers
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sofreshsofresh
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8 years ago
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Sweet Caroline
Good times never seemed so good
I've been inclined,
To believe they never would
Oh, no, no

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