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Which of these is an example of economies of scale? An Internet access company charges customers different rates for using the Internet at different times of day. A restaurant charges customers $1 a glass for water that was once provided for free. A ranch increases its profits by expanding from 400 to 800 cattle without buying or renting additional land. A shoe store finds it can increase profits by hiring high school students who are willing to work for minimum wage. Description

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Answer:

A ranch increases its profits by expanding from 400 to 800 cattle without buying or renting additional land.

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