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    Microeconomics Principles Applications
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    Exam 8: Production Technology and Cost
  5. Question
    Suppose That an Increase in the Scale of Production at CR
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Suppose That an Increase in the Scale of Production at CR

Question 77

Question 77

Multiple Choice

Suppose that an increase in the scale of production at CR Cabinets Inc.leads to no change in average costs.CR Cabinets Inc.experiences


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

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