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Suppose a firm is facing diminishing returns to scale, what will happen to its short-run ATC curve as the firm grows bigger? Group of answer
Suppose a firm is facing diminishing returns to scale, what will happen to its short-run ATC curve as the firm grows bigger? Group of answer choices It will shift up and to the right. It will shift down and to the left. It will shift down and to the right. It will shift up and to the left
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