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If a firm exhibits X-inefficiency, the implication is that: A I do not want to answer this question.I do not want to answer this question.
If a firm exhibits X-inefficiency, the implication is that:
A I do not want to answer this question.I do not want to answer this question.
B unit production costs are higher than the achievable minimum
C economies of scale are limited by the size of the market
D marginal cost must be rising as the rate of production rises
E consumers are prepared to pay more for the substitute goods produced by other competing firms
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