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nakungth nakungth
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6 years ago
Use the following statements to answer this question:
I.   The scale economies index is positive if the cost-output elasticity that is greater than one.
II.   A negative scale economies index indicates the presence of diseconomies of scale.
A) I and II are true.
B) I is true and II is false.
C) II is true and I is false.
D) I and II are true.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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boransalboransal
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6 years ago
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nakungth Author
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#2
5 years ago
A+ answer, ty
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