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The Long-Run Average Total Cost (LRATC)shown Below Exhibits ________

Question 13

Multiple Choice

The long-run average total cost (LRATC) shown below exhibits ________.
The long-run average total cost (LRATC) shown below exhibits ________. A) economies of scale over all levels of output B) constant returns to scale over all levels of output C) diseconomies of scale over all levels of output D) none of the above


A) economies of scale over all levels of output
B) constant returns to scale over all levels of output
C) diseconomies of scale over all levels of output
D) none of the above

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