Question: Question 2 and 3 Question 2 (1 point) List Technical economies of scale are closely related to which of the following? A) The law of

Question 2 and 3

Question 2 (1 point) List Technical economies of scale are closely related to which of the following? A) The law of diminishing returns. B) Decreasing returns to scale. C) Rising short-run average total cost. D) Falling short-run marginal cost. 10 E) Increasing returns to scale. 16 Question 3 (2 points) Listen 19 Can a firm earn an economic loss and an accounting profit at the same time? Explain. 22

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