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When the Survivorship Method of Cost Estimating Is Used,an Increase,over

Question 35

Multiple Choice

When the survivorship method of cost estimating is used,an increase,over time,in the proportion of industry product produced by medium size firms indicates the existence of


A) continuing economies of scale.
B) continuing diseconomies of scale.
C) a U-shaped long-run average cost curve.
D) large technological changes.

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