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Select all that apply Technological factors contributing to economies of scale include Multiple select question. the quality of capital equipment can increase as output increases.
Select all that apply Technological factors contributing to economies of scale include Multiple select question. the quality of capital equipment can increase as output increases. higher capacity capital equipment costs proportionately less than lower capacity equipment. capital equipment always becomes more productive as output increases. excess capacity in capital equipment may lead to reduced unit costs as output increases. labor and capital become more productive together as output increases
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