Multiple Choice
Use the following to answer question(s) : Long-Run Average Cost
-(Exhibit: Long-Run Average Cost) In the region from A to B, output per period is _______ and long-run average cost is _______ .
A) increasing; decreasing
B) increasing; increasing
C) decreasing; increasing
D) increasing; remaining the same
Correct Answer:

Verified
Correct Answer:
Verified
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