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Assume that an MNC has the following U-shaped long run average cost curve (AC), where Q stands for qua of ourpol AC B C

Assume that an MNC has the following U-shaped long run average cost curve (AC), where Q stands for qua of ourpol AC B C AC1 AC2 F If this MNC is destroying value by undertaking negative NPV project, it is moving in what section of the curve?

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