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Exhibit 7-11 -Movement from Point B to Point C in Exhibit 7-11

Question 185

Multiple Choice

Exhibit 7-11 Exhibit 7-11 -Movement from point b to point c in Exhibit 7-11 indicates that the firm is experiencing A) economies of scale B) increasing average cost C) economies of cost D) a decrease in average plant size E) diseconomies of scale
-Movement from point b to point c in Exhibit 7-11 indicates that the firm is experiencing


A) economies of scale
B) increasing average cost
C) economies of cost
D) a decrease in average plant size
E) diseconomies of scale

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