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uppose a firm has the production technology shown below for Goods 1 and 2. a) Does Good 1 indicate economies of scale? Why? b) Does

uppose a firm has the production technology shown below for Goods 1 and 2. a) Does Good 1 indicate economies of scale? Why? b) Does Good 2 indicate economies of scale? Why? c) Do the two goods indicate economies of scope? Why?.

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Q 10 20 30 Good 1 Cost 50 100 150 Q 10 Good 2 Cost 60 100 130 Q 10 20 30 Both Q 10 20 30

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