If a firm experiences increasing returns to scale at all levels of output:
a. the slope of its long-run total cost curve is everywhere negative
b. the slope of its short-run average cost curve is everywhere negative.
c. the slope of its long-run average total cost curve is everywhere negative.
d. the slope of its production function is everywhere negative.
c
Economics
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The demand for loanable funds curve shifts in response to changes in
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What will be an ideal response?
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