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    Principles of Economics
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    Exam 13: The Costs of Production
  5. Question
    If the Long-Run Average Total Cost Curve Is Flat, Then
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If the Long-Run Average Total Cost Curve Is Flat, Then

Question 37

Question 37

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If the long-run average total cost curve is flat, then what does this imply about specialisation? What will be the firm's efficient scale?

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