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Question 134

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Use the following to answer questions:
Figure: Long-Run Average Cost Use the following to answer questions: Figure: Long-Run Average Cost   -(Figure: Long-Run Average Cost)  Look at the figure Long-Run Average Cost. This firm has _____ in the output region from A to B. A)  constant returns to scale B)  economies of scale C)  diseconomies of scale D)  constant total cost as output increases
-(Figure: Long-Run Average Cost) Look at the figure Long-Run Average Cost. This firm has _____ in the output region from A to B.


A) constant returns to scale
B) economies of scale
C) diseconomies of scale
D) constant total cost as output increases

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