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Question 11 1 pts Economies of scale exist whenever O Average total costs increase as output increases O Average fixed costs are stationary as output

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Question 11 1 pts Economies of scale exist whenever O Average total costs increase as output increases O Average fixed costs are stationary as output increases O Average total costs are constant as output increases Average total costs decline as output increases Question 12 1 pts The source(s) of monopoly power for a monopoly may be O All of the statements associated with this question are correct O Patents O Economies of scope O Economies of scale

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