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Question 16

Economics of scale operates only when

  • A.Marginal cost in falling with input
  • B.Average cost is falling with output fixed costs is variable
  • C.Fixed cost is variable
  • D.Viable cost is less than fixed cost
  • E.Variable cost is equal to cost of output.
Objective

Question details

Exam body
OAU
Subject
Economics
Year
2010/2011
Question no.
#16
Type
Objective
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