3. The long-run ATC curve in this figure derives its shape from: a. decreasing, then increasing, short-run
Question:
3. The long-run ATC curve in this figure derives its shape from:
a. decreasing, then increasing, short-run returns.
b. increasing, then decreasing, short-run returns.
c. economies, then diseconomies, of scale.
d. diseconomies, then economies, of scale.
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Related Book For
Economics Principles Problems And Policies
ISBN: 9780073511443
19th Edition
Authors: Campbell Mcconnell ,Stanley Brue ,Sean Flynn
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