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  7. 2005/2006 DAY 1
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  9. Q3
Question 3

Economies of scale operate only when

  • A.marginal cost is falling with input
  • B.average cost is falling with input
  • C.fixed cost is variable
  • D.variable cost is less than fixed cost
Objective

Question details

Exam body
UNN
Subject
Economics
Year
2005/2006 DAY 1
Question no.
#3
Type
Objective
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