Question: (This is a file upload question. You can draw your graphs/diagrams with a computer or hand draw them on a piece of paper. If you

(This is a file upload question. You can draw your graphs/diagrams with a computer or hand draw them on a piece of paper. If you draw them with a computer, you simply upload the electronic file here. If you hand draw your work, you can scan it with a scanner or cellphone to upload the file here. The file uploaded must be in the format of doc, docx, pdf, jpg or png.)

When a firm expands, it first experiences economies of scale and then diseconomies of scale. Draw the graph of LRATC(Long run Average Total Cost) for that firm.

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