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    Exam 8: Production Technology and Cost
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    If a Car Manufacturer Enjoys Economies of Scale,then an Increase
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If a Car Manufacturer Enjoys Economies of Scale,then an Increase

Question 105

Question 105

Multiple Choice

If a car manufacturer enjoys economies of scale,then an increase in the number of cars manufactured will lead to a(n)


A) decrease in average cost.
B) increase in average cost.
C) constant average cost.
D) decrease in total cost.

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