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    Principles of Microeconomics Study Set 8
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    Exam 8: Monopoly and Other Forms of Imperfect Competition
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    If It Is Possible to Spread Total Fixed Cost Efficiently
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If It Is Possible to Spread Total Fixed Cost Efficiently

Question 127

Question 127

Multiple Choice

If it is possible to spread total fixed cost efficiently over a larger and larger quantity of output,then a firm will not experience


A) an elastic demand curve.
B) economies of scale.
C) increasing returns to scale.
D) decreasing returns to scale.
E) the law of demand.

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