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    Microeconomics Study Set 8
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    Exam 8: Firms in Perfectly Competitive Markets
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    Suppose There Are Economies of Scale in the Production of a Specialised
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Suppose There Are Economies of Scale in the Production of a Specialised

Question 36

Question 36

True/False

Suppose there are economies of scale in the production of a specialised memory chip that is used in manufacturing microwaves.This suggests that the microwave industry is a decreasing-cost industry.

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