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Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
A [...]-sloping segment of an LRATC curve indicates economies of scale (increasing returns to scale).
Answer
downward

Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
A [...]-sloping segment of an LRATC curve indicates economies of scale (increasing returns to scale).
Answer
?

Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
A [...]-sloping segment of an LRATC curve indicates economies of scale (increasing returns to scale).
Answer
downward
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A downward-sloping segment of an LRATC curve indicates economies of scale (increasing returns to scale).

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owner: iamcfa - (no access) - 2015 CFA Level 1 Study Schweser Book 2 - Economics, p88

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