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A firm makes beer and its cost function is C(q) = 4+q². Are there economies of scale?

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter11: The Firm: Production And Costs

Section: Chapter Questions

Problem 18P

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A firm makes beer and its cost function is C(q) = 4+q². Are there economies of scale?

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