If a firm enlarges its factory size and realizes higher average (per unit) costs of production, then:

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a. It has experienced economies of scale.

b. It has experienced diseconomies of scale.

c. It has experienced constant returns to scale.

d. The long-run average cost curve slopes downward.

e. The long-run average cost curve shifts upward.

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Survey Of Economics

ISBN: 9780357720806

11th Edition

Authors: Irvin B. Tucker

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Question Posted: Dec 29, 2023 07:48 AM

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If a firm enlarges its factory size and realizes higher average (per unit) costs of production, then:

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b It has ...View the full answer

Survey Of Economics

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