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    Exam 11: Behind the Supply Curve: Inputs and Costs
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    When AVC Eventually Increases as Output Increases, This Is Referred
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When AVC Eventually Increases as Output Increases, This Is Referred

Question 126

Question 126

Multiple Choice

When AVC eventually increases as output increases, this is referred to as the effect.


A) diminishing returns
B) spreading
C) constant cost
D) increasing returns

Correct Answer:

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