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    Principles of Microeconomics
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    Exam 9: Long-Run Costs and Output Decisions
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    When Long-Run Average Costs Decrease as a Result of Industry
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When Long-Run Average Costs Decrease as a Result of Industry

Question 220

Question 220

Multiple Choice

When long-run average costs decrease as a result of industry growth, there are


A) internal economies.
B) internal diseconomies.
C) external economies.
D) external diseconomies.

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