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Suppose There Are Economies of Scale in the Production of a Specialized

question 145

True/False

Suppose there are economies of scale in the production of a specialized memory chip that is used in manufacturing microwaves.This suggests that the microwave industry is a decreasing-cost industry.


Definitions:

Scapula

A large, flat triangular bone on the posterior side of the shoulder, also known as the shoulder blade.

Flexes

Refers to the action of bending a limb or joint.

Rotates

To move or turn around a central point or axis.

Below The Elbow

Referring to the part of the arm or to treatments and prosthetics that are applied to the forearm and hand, distal to the elbow joint.

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