Explain why larger production runs often cheaper than the smaller production.

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Chapter 12.1, Problem 4Q

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Explain why larger production runs often cheaper than the smaller production.

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Chapter 12.1, Problem 4Q

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Explain why larger production runs often cheaper than the smaller production.

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Chapter 12.1, Problem 4Q

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Explain why larger production runs often cheaper than the smaller production.

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Chapter 12.1, Problem 4Q

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Explain why larger production runs often cheaper than the smaller production.

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Answer 5

Chapter 12.1, Problem 4Q

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Explain why larger production runs often cheaper than the smaller production.

Answer 6

Chapter 12.1, Problem 4Q

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Explain why larger production runs often cheaper than the smaller production.

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Chapter 12.1, Problem 4Q

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Explain why larger production runs often cheaper than the smaller production.

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Answer 11

Ch. 12.1 - Prob. 1Q Ch. 12.1 - Prob. 2Q Ch. 12.1 - Prob. 3Q Ch. 12.1 - Prob. 4Q Ch. 12.1 - Prob. 5Q Ch. 12.1 - Prob. 6Q Ch. 12.1 - Prob. 7Q Ch. 12.1 - Prob. 8Q Ch. 12.1 - Prob. 9Q Ch. 12.1 - Prob. 10Q

Explain why larger production runs often cheaper than the smaller production.

Solution Summary: The author explains why larger production runs cheaper than smaller production. The same technical process could be used over and over again at the same cost, so the long run average cost curve would never become upward sloping.

Explain why larger production runs often cheaper than the smaller production.

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Chapter 12 Solutions