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When a firm produces a specific output level at a higher cost than the necessary cost for that level of output, it is called Blank______.
When a firm produces a specific output level at a higher cost than the necessary cost for that level of output, it is called Blank______. Multiple choice question. rent-seeking expenditures X-inefficiency simultaneous consumption economies of scale
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Managerial Economics Foundations of Business Analysis and Strategy
Authors: Christopher Thomas, S. Charles Maurice
11th edition
978-0078021718
