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Which of the following is NOT consistent with what we learned in the course? a.Economies of scope occur when a number of different products can
Which of the following isNOTconsistent with what we learned in the course?
a.Economies of scope occur when a number of different products can be produced more efficiently together than apart.
b.Constant returns to scale denote a case where a change in all inputs leads to a proportional change in output.
c.Decreasing returns to scale occur because of the law of diminishing returns.
d.Increasing returns to scale are also called economies of scale.
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