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-The Cost Data in the Above Table Data Show That

Question 483

Multiple Choice

-The cost data in the above table data show that production is characterized by A) economies of scale. B) constant returns to scale. C) decreasing returns to scale. D) More information is needed to answer the question.
-The cost data in the above table data show that production is characterized by


A) economies of scale.
B) constant returns to scale.
C) decreasing returns to scale.
D) More information is needed to answer the question.

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