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Economies of scale are illustratedby: A. an upwardminus sloping longminus run average cost curve. B. a downwardminus sloping shortminus run average total cost curve. C.
Economies of scale are illustratedby:
A.
an upwardminus
sloping longminus
run average cost curve.
B.
a downwardminus
sloping shortminus
run average total cost curve.
C.
a flat longminus
run average cost curve.
D.
a downward sloping longminus
run average cost curve.
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