Question: When a firm experiences declining long-run average total costs as it produces more output, there are Select one: O a. economies of scale. O b.

When a firm experiences declining long-run average total costs as it

When a firm experiences declining long-run average total costs as it produces more output, there are Select one: O a. economies of scale. O b. increasing marginal returns to variable inputs. O C. constant returns to scale. O d. diseconomies of scale

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