Question: The short-run average VARIABLE cost can never exceed the long-run average total cost. O a Economic profits decrease as the firm's output increases. Ob All

The short-run average VARIABLE cost can never exceed the long-run average total cost. O a Economic profits decrease as the firm's output increases. Ob All costs are explicit. Long run average total cost decreases as the firm's output Increases. Od Long-run average total cost remains constant as the firm's output decreases

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