Multiple Choice
If the wages a firm pays it workers increase then
A) the firm's long- run average cost curve does not shift and there is no movement along the long- run average cost curve.
B) the firm moves rightward along its long- run average cost curve but not necessarily to where it has diseconomies of scale.
C) the firm moves rightward along its long- run average cost curve to where it has diseconomies of scale.
D) the firm's long- run average cost curve shifts upward.
Correct Answer:

Verified
Correct Answer:
Verified
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