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    Principles of Microeconomics Study Set 4
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    Exam 7: Costs in the Long Run
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    -Refer to the Graph Above to Answer This Question
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-Refer to the Graph Above to Answer This Question

Question 21

Question 21

Multiple Choice

  -Refer to the graph above to answer this question.Between what output levels do constant returns to scale exist? A) Q<sub>1</sub> and Q<sub>2</sub>. B) Q<sub>1</sub> and Q<sub>3</sub>. C) Q<sub>1</sub> and Q<sub>4</sub>. D) Q<sub>1</sub> and Q<sub>5</sub>. E) Q<sub>4</sub> and Q<sub>5</sub>.
-Refer to the graph above to answer this question.Between what output levels do constant returns to scale exist?


A) Q1 and Q2.
B) Q1 and Q3.
C) Q1 and Q4.
D) Q1 and Q5.
E) Q4 and Q5.

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