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SRAC. SRAC, Cost ($) SRAC, SRAC, SRAC. LRAC Output Economies Constant Diseconomies of scale returns of scale to scale When a firm's long run average

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SRAC. SRAC, Cost ($) SRAC, SRAC, SRAC. LRAC Output Economies Constant Diseconomies of scale returns of scale to scale When a firm's long run average cost curve is at a point where short run average total costs are falling, that firm is experiencing O A. diminishing marginal returns O B, constant returns to scale O c. economies of scale OD. diseconomies of scale

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