Table 13-17 Consider the Following Table of Long-Run Total Cost for Four

question 42

Multiple Choice

Table 13-17
Consider the following table of long-run total cost for four different firms:
-Refer to Table 13-17. Which firm has diseconomies of scale over the entire range of output?

• A)Firm 1 only
• B)Firm 2 only
• C)Firms 1 and 2 only
• D)Firm 3 only

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