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    The Long-Run Average Cost Curve Will Be Upward-Sloping When the Firm
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The Long-Run Average Cost Curve Will Be Upward-Sloping When the Firm

Question 257

Question 257

Multiple Choice

The long-run average cost curve will be upward-sloping when the firm has:


A) economies of scale.
B) diseconomies of scale.
C) constant returns to scale.
D) diminishing returns.

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