Some have argued that even if long-run AC curves do eventually slope up, we would not likely
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Some have argued that even if long-run AC curves do eventually slope up, we would not likely see many firms operating at this size. Why not?
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Here are some reasons why we wouldnt likely see many firms operating at the point where the longrun average cost LRAC curve slopes up 1 Diseconomies o...View the full answer
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Related Book For
Mylab Economics With Pearson Access Code For Principles Of Microeconomics
ISBN: 9780135197141,9780135197103
13th Edition
Authors: Karl E. Case; Ray C. Fair; Sharon E. Oster
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