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A Firm Experiences _______ When Its _______ Downward as Output

Question 73

Multiple Choice

A firm experiences _______ when its _______ downward as output increases.


A) economies of scale; long- run average cost curve slopes
B) diminishing marginal returns; long- run average cost curve slopes
C) diminishing marginal returns; average total cost curve shifts
D) diseconomies of scale; average total cost curve slopes

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