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As the Firm in the Above Diagram Expands from Plant

Question 116

Multiple Choice

As the firm in the above diagram expands from plant size #3 to plant size #5,it experiences: A) increasing returns. B) economies of scale. C) diseconomies of scale. D) constant costs. As the firm in the above diagram expands from plant size #3 to plant size #5,it experiences:


A) increasing returns.
B) economies of scale.
C) diseconomies of scale.
D) constant costs.

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