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When a small firm finds that operating on a larger scale enables it to lower its average cost, then the firm is experiencing: Multiple choice
When a small firm finds that operating on a larger scale enables it to lower its average cost, then the firm is experiencing: Multiple choice question. economies of scale diminishing marginal product diseconomies of scale constant returns to scale
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Macroeconomics
Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty
1st Edition
978-0132109994, 0132109999
