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Use the Following Data to Answer the Question

question 19

Multiple Choice

Use the following data to answer the question. The letters A, B, and C designate three successively larger plant sizes. Use the following data to answer the question. The letters A, B, and C designate three successively larger plant sizes.   Economies of scale in plant ATC-A are realized over the to levels of output; diseconomies of scale exist over the to levels of output. A)  10, 30; 40, 100 B)  10, 40; 80, 100 C)  10, 50; 60, 100 D)  10, 70; 80, 100 Economies of scale in plant ATC-A are realized over the to levels of output; diseconomies of scale exist over the to levels of output.


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Faulty Device

An apparatus or piece of equipment that has a defect or a malfunction.

Negligence

A legal concept indicating failure to exercise the level of care that a reasonable person would in similar circumstances, leading to unintended harm to others.

Breach of Contract

Occurs when one party fails to fulfill their obligations under a contract.

Industry Canada

A department of the Canadian government responsible for national economic development, innovation, and technology.

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