Why can't linear programming be used in each of the following circumstances A. Strong economies of scale

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Why can't linear programming be used in each of the following circumstances

A. Strong economies of scale exist.

B. As the firm expands output, the prices of variable factors of production increase.

C. As output increases, product prices decline.

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Fundamentals of Managerial Economics

ISBN: 978-0324584837

9th edition

Authors: Mark Hirschey

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Question Posted: May 28, 2018 03:57 AM

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Why can't linear programming be used in each of the following circumstances A. Strong economies of scale

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Fundamentals of Managerial Economics

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