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B The presence of increasing returns to scale is characterized by O constantly declining fixed costs. O diseconomies of scale; that is, the average cost

B The presence of increasing returns to scale is characterized by O constantly declining fixed costs. O diseconomies of scale; that is, the average cost falls as output rises. O economies of scale; that is, the average cost rises as output rises. diseconomies of scale; that is, the average cost is constant as output rises. O economies of scale; that is, the average cost falls as output rises. Reset Maximum marks: 1 V

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