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Use the long-run average total cost (LRATC) curve to answer Cost the questions. As the firm moves from Point A toward Point B, it is
Use the long-run average total cost (LRATC) curve to answer Cost the questions. As the firm moves from Point A toward Point B, it is experiencing () constant returns to scale. () decreasing returns to scale. () increasing returns to scale. As the firm moves from Point B toward Point C, it is experiencing () constant returns to scale. 0 1 2 3 4 5 6 7 8 9 10 Output () increasing returns to scale. () decreasing returns to scale. As the firm moves from Point C toward Point D, it is experiencing () decreasing returns to scale. () constant returns to scale. ,O increasing returns to scale
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