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Using the graph, answer the following: (a) (i) Is the rm experiencing diseconomies of scale or economies of scale at the output level of 4?
Using the graph, answer the following: (a) (i) Is the rm experiencing diseconomies of scale or economies of scale at the output level of 4? (a) (ii) Explain. (b) The level of xed cost that puts a rm at point B and a quantity of 4 minimizes short-run average total cost for what output level? (c) In the long run, if the rm expects to produce an output of 10, (i) the rm will produce on which short-run average total cost curve, (ii) and at which point on the graph? (as: ul an Art, mn Arc, LRAT( o 4 5 6 7 8 9 10 nu-ntityul aha (uses)
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