Minneapolis business Rogue Chocolatier sells specialty chocolate bars with a high cocoa content. If Rogue's average total cost decreases as the business increases plant size, then Rogue experiences
A) economies of scale.
B) diseconomies of scale.
C) diminishing marginal returns.
D) constant returns to scale.
A
Economics
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GDP is supposed to measure
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A natural monopolist will voluntarily choose to produce at the point where P = MC
a. True b. False Indicate whether the statement is true or false
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