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What do we know for sure when we see a firm in a situation of Diseconomies of Scale? Multiple Choice The Long-Run Total Cost Curve
What do we know for sure when we see a firm in a situation of Diseconomies of Scale? Multiple Choice The Long-Run Total Cost Curve curves upward as production increases. The Long-Run Total Cost Curve shifts upward as production increases. The Long-Run Average Total Cost Curve has a flat curve in this situation and this is very common for many industries during an expansion period. Economics is driving me crazy
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