Average cost falls initially because of: - SchoolNGR

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Average cost falls initially because of:

Average cost falls initially because of:

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A Increasing returns to scale
B Declining resource productivity
C Rising managerial confusion
D Decreasing labour efficiency

Correct Answer: Option A

Explanation:
Better resource utilization and specialization increase productivity initially, reducing average cost.

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