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Business, 01.08.2019 05:10 leshayk91

Afirm's short- run average cost curve is u- shaped. which of these conclusions can be reached regarding the firm's returns to scale? the firm experiences increasing, constant, and decreasing returns in that order. the short-run average cost curve reveals nothing regarding returns to scale. the firm experiences first decreasing, then increasing returns to scale. the firm experiences increasing returns to scale.

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