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Figure 7.4.3 -Use the Following Two Statements to Answer This Question: I

Question 116

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  Figure 7.4.3 -Use the following two statements to answer this question: I. Increasing returns to scale cause economies of scale. II)  Economies of scale cause increasing returns to scale. A)  Both I and II are true. B)  I is true, and II is false. C)  I is false, and II is true. D)  Both I and II are false. Figure 7.4.3
-Use the following two statements to answer this question: I. Increasing returns to scale cause economies of scale.
II) Economies of scale cause increasing returns to scale.


A) Both I and II are true.
B) I is true, and II is false.
C) I is false, and II is true.
D) Both I and II are false.

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