Provide three examples of products or services that can be simultaneously consumed by many people. Explain why

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Provide three examples of products or services that can be simultaneously consumed by many people. Explain why labor productivity greatly rises as the firm sells more units of the product or service. Explain why the higher level of sales greatly reduces the per-unit cost of the product.

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Macroeconomics

ISBN: 9781108458856

17th Edition

Authors: Campbell McConnell, Stanley Brue

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