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Author Question: One of the major reasons for the U-shaped average total cost curve is the fact that (Read 54 times)

student77

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on: May 24, 2019
One of the major reasons for the U-shaped average total cost curve is the fact that
◦ there are increasing returns from labor regardless of the number of workers employed.
◦ there eventually are decreasing returns from labor as more workers are employed.
◦ prices fall as output increases.
◦ the average fixed cost increases as more output is produced.
◦ the variable cost decreases as more output is produced.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by student77 on May 24, 2019

carojassy25

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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student77

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Reply #2 on: May 24, 2019
Thanks


carojassy25

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Reply #3 on: May 24, 2019
Welcome :)


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