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-The Cost Data in the Above Table Show That Production

Question 3

Multiple Choice

  -The cost data in the above table show that production is characterised by A)  constant returns to scale. B)  decreasing returns to scale. C)  economies of scale. D)  More information is needed to answer the question.
-The cost data in the above table show that production is characterised by


A) constant returns to scale.
B) decreasing returns to scale.
C) economies of scale.
D) More information is needed to answer the question.

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