2.5 The Languedoc-Roussillon region, southern France, is the home to three vineyards. Chteau Beauregard Mirouze produces 2,500

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2.5 The Languedoc-Roussillon region, southern France, is the home to three vineyards. Château Beauregard Mirouze produces 2,500 bottles of wine per month at a total cost of €40,000. Châteaude Bruthel produces 1,500 bottles of wine per month at a total cost of

€27,000. Châteaude l’Esparrou produces 4,000 bottles of wine per month at a total cost of €80,000. These data suggest that there are signif icant economies of scale in wine production. Do you agree or disagree with this statement? Explain your answer.

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Principles Of Economics

ISBN: 9780802845610

12 Global Edition

Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster

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