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(Solved): If the long run cost structure of a typical perfectly competitive firm is as shown in the table abo ...
If the long run cost structure of a typical perfectly competitive firm is as shown in the table above, which one of the following statements is true? At q=250 the firm is said to be experiencing internal economies. Minimum efficient scale of production is at q=100 units. At q=50 the firm is said to be experiencing external economies. At q=50 the firm is said to be experiencing internal diseconomies. At q=50 the firm is said to be experiencing internal economies.