2. Some estimates for the cement industry suggest the following relationship between capacity and average cost Capacity

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2. Some estimates for the cement industry suggest the following relationship between capacity and average cost Capacity

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2 Some Estimates For The Cement Industry Suggest The Following Relationship Between Capacity And Average Cost Capacity 1
2 Some Estimates For The Cement Industry Suggest The Following Relationship Between Capacity And Average Cost Capacity 1 (22.11 KiB) Viewed 56 times
2. Some estimates for the cement industry suggest the following relationship between capacity and average cost Capacity (thousands of tons) Average cost 250 28.78 500 25.73 750 23.63 1000 21.63 1250 21.00 1500 20.75 1750 20.95 2000 21.50 (a) At what production level are scale economies exhausted? (b) Calculate the scale economy index for the production levels 500, 750, 1000, 1500 and 1750.
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