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Business, 23.09.2019 20:20 michael4443

Economies of scale occur
a. when the marginal cost of production decreases with output.
b. when the marginal product of labor increases with output.
c. when a​ firm's long-run average costs increase with output.
d. when a​ firm's long-run average costs decrease with output.

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You know the right answer?
Economies of scale occur
a. when the marginal cost of production decreases with output.

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