Question: What do we know about a firm when its ATC is falling in the long run? A. It is subject to economies of scale over
What do we know about a firm when its ATC is falling in the long run?
A. It is subject to economies of scale over the range of output.
B.It is subject to diseconomies of scale over that range of output.
C.It is subject to constant return to scale over that range of output.
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