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The ________effect states that the larger the output, the greater the quantity of output over which fixed cost is divided into, leading to a lower
The ________effect states that the larger the output, the greater the quantity of output over which fixed cost is divided into, leading to a lower average fixed cost. Question 30 options: increasing returns spreading diminishing returns long-run
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The Macro Economy Today
Authors: Bradley R. Schiller, Karen Gebhardt
14th edition
1259291820, 978-1259291821
