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When the firm's long run average costs are constant, a. the firm is in the increasing returns to scale region of production b. the firm

When the firm's long run average costs are constant, a. the firm is in the increasing returns to scale region of production b. the firm is in the decreasing returns to scale region of production c. the firm is in the constant returns to scale region of production d. the firm's LRMC equals its LRAC e. both (c) and (d) are correct 2. To be a "natural monopoly" a firm mus

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