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I need help with this question 1. Economies of Scale Consider the following table of longrun total costs for three different rms: Quantity 1 2
I need help with this question
1. Economies of Scale Consider the following table of longrun total costs for three different rms: Quantity 1 2 3 4 5 6 ? Firm A 25 39 49 59 99 129 159 F'Irm B :93 1:5 39 35 99 95 199 Firm C 15 4|] 65 90 115 140 17!] Indicate whether each rm experiences economies of scale or diseconomles of scale. (Note: I f a rm experiences economies of scale in one region and dlseconomles of scale ln another, make sure to select bot-'1 columns.) Firm Economies of Scale Diseconomies of Scale A BStep by Step Solution
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