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Fantom [35]
3 years ago
13

The example approval form in the activity shows that

Business
2 answers:
I am Lyosha [343]3 years ago
7 0
D hope this helps!!
kupik [55]3 years ago
6 0
I just took the test and the answer is D. Most HOA requirements are quite specific. I hope this helps :)
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It implies there are diseconomies of scale in the industry

Because as the quantity of units output increase, the cost also increase. While in economies of scale, the slope for the LRAC will be negative, as each increase in output lowers the cost.

When this occurs, there is a lower change of monopoly in the industry, as the larger firm also faces the larger cost, so the supply tend to be more diverse.

While a, indifined negative slope will generate monopolies as their cost become lower at gerater the output.

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