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    Foundations of Macroeconomics
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    Exam 14: Production and Cost
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    As Output Increases,economies of Scale Occur When the
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As Output Increases,economies of Scale Occur When the

Question 263

Question 263

Multiple Choice

As output increases,economies of scale occur when the


A) long-run average cost increases.
B) long-run average cost decreases.
C) short-run average total cost decreases.
D) long-run average cost stays constant.
E) long-run fixed cost decreases.

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