The larger the diameter of a natural gas pipeline, the lower is the a – McqOptions

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1.	The larger the diameter of a natural gas pipeline, the lower is the average total cost of transmitting 1,000 cubic feet of gas 1,000 miles. This is an example of:
A.	economies of scale
B.	normative economies
C.	diminishing marginal returns
D.	an increasing marginal product of labour
Answer» B. normative economies

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