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    Principles of Microeconomics
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    Exam 9: Long-Run Costs and Output Decisions
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    Which of the Following Refers to a Short Run Phenomenon
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Which of the Following Refers to a Short Run Phenomenon

Question 108

Question 108

Multiple Choice

Which of the following refers to a short run phenomenon?


A) economies of scale
B) constant returns to scale
C) diseconomies of scale
D) diminishing returns

Correct Answer:

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