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Economies of Scale and Diseconomies of Scale Explain

Question 231

Multiple Choice

Economies of scale and diseconomies of scale explain


A) cost behavior in the short run.
B) profit maximization in the long run.
C) the U-shape of the long-run average cost curve.
D) the U-shape of the short-run average total cost curve.
E) the U-shape of the marginal cost curves.

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