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QUESTION 3 You are the Chief Operations Manager of a large multinational company which has three production facilities in Ireland. Study the following table which
QUESTION 3 You are the Chief Operations Manager of a large multinational company which has three production facilities in Ireland. Study the following table which details the total costs and output for each of these facilities. For each facility, state whether and over What range of output the rm is experiencing economies of scale andfor diseconomies of scale? Iusti: your answer and discuss how knowledge of the average costs of a rm could enhance the managers ability to maximise prots. (25 marks)
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