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Which of the following is true about economies of scale? Group of answer choices Economies of scale guarantee economic profit It is harder for competitors

Which of the following is true about economies of scale? Group of answer choices Economies of scale guarantee economic profit It is harder for competitors to enter the market when an already existing firm has experienced economies of scale It is easier for competitors to enter the market when economies of scale are possible in the industry Economies of scale have nothing to do with barriers to entry Economies of scale mean that MR = P

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