Multiple Choice
A firm experiences ________ when its ________ as output increases.
A) economies of scale;long-run average cost curve slopes downward
B) diseconomies of scale;average total cost curve slopes downward
C) economies of scale;long-run average cost curve shifts upward
D) diminishing marginal returns;average total cost curve shifts upward
E) constant returns to scale;long-run average cost curve shifts upward
Correct Answer:

Verified
Correct Answer:
Verified
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