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    Economics Study Set 1
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    Exam 8: Producers in the Long Run
  5. Question
    In the Long Run,decreasing Returns to Scale Are Likely to Be
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In the Long Run,decreasing Returns to Scale Are Likely to Be

Question 3

Question 3

Multiple Choice

In the long run,decreasing returns to scale are likely to be caused by


A) diseconomies of scale associated with management problems.
B) a decrease in factor prices.
C) increasing specialization of labour.
D) diminishing returns to the variable factor.
E) decreasing costs.

Correct Answer:

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