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nakungth nakungth
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6 years ago
The cost-output elasticity equals 1.4.  This implies that:
A) there are neither economies nor diseconomies of scale.
B) there are economies of scale.
C) there are diseconomies of scale.
D) marginal cost is less than average cost.
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Microeconomics

Microeconomics


Edition: 8th
Author:
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Bart_argBart_arg
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6 years ago
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nakungth Author
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#2
5 years ago
Thank you!
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