Consider the following table of long-run total costs for three different firms: Does each of these firms
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Does each of these firms experience economies of scale or diseconomies ofscale?
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Quantity 1 3 456 7 Firm A $60 $70 $80 $90 $100 $110 $120 Firm B 24 39 56 75 96 119 Firm C 21 34 49 66 85 106 129
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