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Suppose that a firm is producing 100 units of output at a total cost of $20,000. a. Give a numerical example of this firm with
Suppose that a firm is producing 100 units of output at a total cost of $20,000. a. Give a numerical example of this firm with economies of scale as it expands output. b. Give a numerical example of this firm with constant economies of scale as it expands output. c. Give a numerical example of this firm with diseconomies of scale as it expands output.
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