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Author Question: If production displays economies of scale, the long-run average cost curve is A) downward ... (Read 110 times)

abarnes

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on: Jun 29, 2018
If production displays economies of scale, the long-run average cost curve is
 
  A) downward sloping. B) below the long-run marginal cost curve.
  C) upward sloping. D) above the short-run average total cost curve.

Question 2

Costs that have already been incurred, and which cannot be recovered, are known as
 
  A) short-run fixed costs. B) unavoidable costs.
  C) sunk costs. D) implicit costs.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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tennis14576

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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abarnes

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Reply 2 on: Jun 29, 2018
Excellent

Sarahjh

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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