A firm's long-run total cost curve is TC(Q) = 40Q 10Q2 + Q3, and its long-run

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A firm's long-run total cost curve is TC(Q) = 40Q − 10Q2 + Q3, and its long-run marginal cost curve is MC(Q) = 40 − 20Q + 3Q2. Over what range of output does the production function exhibit economies of scale, and over what range does it exhibit diseconomies of scale?
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Microeconomics

ISBN: 978-0073375854

2nd edition

Authors: Douglas Bernheim, Michael Whinston

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