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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: diminishing returns spreading increasing returns long-run
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Business A Changing World
Authors: O. C. Ferrell, Geoffrey Hirt, Linda Ferrell
10th edition
1259179397, 978-1259179396
