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The downward sloping part of the long-run average cost curve of a firm may be ...
Classroom
Economics Classroom
Jamb
Jamb 1999
Theory Of Costs And Revenue
The Concepts Of Cost
Average Cost
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The downward sloping part of the long-run average cost curve of a firm may be attributable to?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Diminishing returns
B
The law of variable proportions
C
Diseconomies of scale
D
Increasing returns to scale
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Show Explanation
Correct Answer:
Option D
Explanation:
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