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20 May 2018
Generally speaking, the inclusion of transportation costs in the total costs of production has the effect of causing the LRAC curve to:
a. shift down
b. become steeper over the range on economies of scale
c. flatten out
d. shift up
Generally speaking, the inclusion of transportation costs in the total costs of production has the effect of causing the LRAC curve to:
a. shift down
b. become steeper over the range on economies of scale
c. flatten out
d. shift up
2 Jun 2021