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Consider the following statements when answering this question. I. Investment in new technology generates learning by doing.
II) Economies of scale cannot shift the long-run average cost curve down, whereas learning by doing can.
Evidence
Information or data used to support a conclusion, hypothesis, or belief, often gathered through observation or research.
Developmental Psychology
A branch of psychology that studies how people grow and change over the course of a lifetime.
Rapid Change
A swift and significant shift in conditions, situations, or states over a short period.
Public Policy
Government actions, including laws, regulatory measures, and funding decisions, designed to address public issues and achieve desired outcomes.
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