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Why does the Average Total Cost initially decrease as quantity produced increases in the short run? Because the spreading effect is stronger and overtakes the
Why does the Average Total Cost initially decrease as quantity produced increases in the short run? Because the spreading effect is stronger and overtakes the diminishing returns effect Because Average Fixed Cost starts rising as quantity produced increases Because the diminishing returns effect grows stronger and overtakes the spreading effect Because the diminishing returns effects becomes weaker as quantity produced increases
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