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A firm produces leather handbags and leather shoes. If there are economies of scope, the product transformation curve between handbags and shoes will be: A
A firm produces leather handbags and leather shoes. If there are economies of scope, the product
transformation curve between handbags and shoes will be:
A
a straight line.
B
bowed outward concave
C
bowed inward convex
D
a rectangle.
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