Question: Question content area Part 1 As a firm increases its output, its average total cost decreases. This is an outcome of _ _ _ _

Question content area
Part 1
As a firm increases its output, its average total cost decreases. This is an outcome of________.
Part 2
A.
economies of scale
B.
the law of diminishing returns
C.
diseconomies of scale
D.
the law of demand

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