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A rising short-run average cost is a result of

A rising short-run average cost is a result of
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Economies of scale
  • B Falling marginal costs
  • C Diminishing returns
  • D Rising fixed costs
Correct Answer: Option C
Explanation:

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