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    Economics Today Study Set 1
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    Exam 22: The Firm: Cost and Output Determination
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    -In the Above Figure, for Any Output Level Larger Than
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-In the Above Figure, for Any Output Level Larger Than

Question 132

Question 132

Multiple Choice

  -In the above figure, for any output level larger than Q3, this firm experiences A)  economies of scale. B)  diseconomies of scale. C)  constant economies of scale. D)  decreasing long run average costs.
-In the above figure, for any output level larger than Q3, this firm experiences


A) economies of scale.
B) diseconomies of scale.
C) constant economies of scale.
D) decreasing long run average costs.

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