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If constant returns to scale are present, A) average total cost is decreasing. B) the LRAC curve is upward sloping. C) average total cost is
- If constant returns to scale are present, A) average total cost is decreasing.
- B) the LRAC curve is upward sloping.
- C) average total cost is increasing.
- D) the LRAC curve is downward sloping. E) the LRAC curve is horizontal.
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