Firms long-run average total costs of producing

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Reference no: EM13894114

Suppose that a firm’s long-run average total costs of producing an individual income tax return is $75 when it produces 1,000 returns and $75 when it produces 1,200 returns. For this range of output, the firm is experiencing

a. diseconomies of scale.

b. economies of scale.

c. specialization.

d. constant returns to scale.

Reference no: EM13894114

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