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    Microeconomics Principles Applications
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    Exam 8: Production Technology and Cost
  5. Question
    When an Increase in a Firm's Scale of Production Leads
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When an Increase in a Firm's Scale of Production Leads

Question 122

Question 122

Multiple Choice

When an increase in a firm's scale of production leads to higher average costs,the firm is experiencing


A) economies of scale.
B) constant returns to scale.
C) decreasing returns to scale.
D) diseconomies of scale.

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