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A rm reduces output by 25% and the cost per unit falls by 50%. We can thus infer that: Select one: 0 a. The rm
A rm reduces output by 25% and the cost per unit falls by 50%. We can thus infer that: Select one: 0 a. The rm is experiencing economies of scale. 0 b. The rm is experiencing diseconomies of scale. 0 c. The rm's marginal cost function is decreasing. 0 d. The rm is producing at the minimum of its average cost function
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