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Business, 27.08.2021 20:30 nat5841

If all resources used in the production of a product are increased by 5 percent and output increases by more than 5 percent, then the firm is experiencing:. a. Economies of scale
b. Diseconomies of scale
c. Constant returns to scale
d. Increasing average total costs

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If all resources used in the production of a product are increased by 5 percent and output increases...
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