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Reductions in current period costs that result from increased accumulated past outputs are a. referred to as economies of scale. b. a mixture of economies
Reductions in current period costs that result from increased accumulated past outputs are
a. referred to as economies of scale.
b. a mixture of economies of long- and short-run scale.
c. referred to as economies of scale in the long run.
d. a mixture of economies of long-run scale and learning.
e. referred to as learning.
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