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Business, 07.05.2021 17:50 hi105

f economies of scale are unimportant in an industry​ (that is, economies of scale are not​ significant), the typical​ firm's long-run average total cost curve will reach a minimum at a level of output that is a​ fraction of total industry sales. The industry will most likely be​ . A. ​small; an oligopoly B. ​large; competitive C. ​small; competitive D. ​large; an oligopoly

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