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In the long run a company that produces and sells covers for cell phones incurs total costs of $2,500 when output is 1,250 covers and
In the long run a company that produces and sells covers for cell phones incurs total costs of $2,500 when output is 1,250 covers and $4,000 when output is 1,500 covers. For this range of output, the cell phone cover company exhibits 2 economies of scale. constant returns to scale. diseconomies of scale. efficient scale
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