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Use the Following to Answer Question(s): Long-Run Average Cost

Question 36

Multiple Choice

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


A) increasing; increasing
B) decreasing; increasing
C) increasing; decreasing
D) decreasing; decreasing

Correct Answer:

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