The long-run average cost curve slopes upward if there are:
A) some factors without diminishing marginal returns.
B) diseconomies of scope in the management of multiplant operations.
C) economies of scale.
D) diseconomies of scale.
E) no factors without diminishing marginal returns.
Correct Answer:
Verified
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Q17: Average fixed cost is equal to the:
A)
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Q26: The long-run average cost curve slopes downward
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