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Economics
MEDIUM
ENGLISH
Economics
Suppose Handel’s Ice Cream experiences economies of scale up to a certain point and diseconomies of scale beyond that point. Its long-run average cost curve is most likely to be ?
A
downward sloping to the right
Option A
U-shaped
Correct answer
C
Horizontal
Option C
D
upward sloping to the right
Option D
Correct answer: B
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