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At output Q 2 and price P 2 , which of the following is TRUE? A . The firm has economies of scale. B .

At output Q2 and price P2, which of the following is TRUE?
A. The firm has economies of scale.
B.P=MC=LRACSRATC.
C. The firm suffers some diseconomies of scale.
D.P=MC=SRATC=LRAC.
E. There are economic profits to attract new entrants.
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