Tentamen (uitwerkingen)
Sophia Microeconmics Unit 3 Milestone 3 Sophia
- Vak
- Instelling
Which of the following is why the long run average cost curve must lie at the same level or below any short run average cost curve? Because of economies of scale Because of the law of diminishing returns Because in the long run, a firm will generally operate at higher per-unit cost than in the s...
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