6 If a higher level of production allows workers to specialise in particular tasks, a firm will...

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6 If a higher level of production allows workers to specialise in particular tasks, a firm will likely exhibit a increasing returns to scale and falling average total cost.

b increasing returns to scale and rising average total cost.

c decreasing returns to scale and falling average total cost.

d decreasing returns to scale and rising average total cost.

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Principles Of Microeconomics

ISBN: 125206

8th Edition

Authors: Joshua Gans, Stephen King, Martin Byford, N Gregory Mankiw

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