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The Major Advantage of Using Cross-Sectional Analysis for Long-Run Costs

Question 6

Multiple Choice

The major advantage of using cross-sectional analysis for long-run costs studies includes


A) the inclusion in the sample of different plants of different sizes.
B) the avoidance of having to adjust for inflationary trends.
C) the avoidance of having to account for interregional cost differences.
D) All of the above
E) A and B above

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