The cost curves for J&M Enterprises have been estimated to be: = 40 9 + 2 2
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Question:
- The cost curves for J&M Enterprises have been estimated to be: = 40 9 + 22 and = 40 19 + 42
where is measured in thousands. What are the fixed costs of production? What is at? What kind of Economies of Scale does J&M face?
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