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Use the Following Statements to Answer This Question: I

Question 55

Multiple Choice

Use the following statements to answer this question: I. The scale economies index is positive if the cost-output elasticity that is greater than one.
II) A negative scale economies index indicates the presence of diseconomies of scale.


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

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