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The diagram represents the firm's long-run average-cost curve . Region BC represents ______, likely due to ______. a. economies of scale, elastic demand b. diseconomies
The diagram represents the firm'slong-runaverage-cost curve.
Region BC represents ______, likely due to ______.
a. economies of scale, elastic demand
b. diseconomies of scale, bureaucratic inefficiencies
c.constant returns to scale, indivisibilities in production
d.negative returns to scale, diminishing returns
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