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wallyboy wallyboy
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A year ago
Suppose a firm producing digital cameras is operating such that marginal costs are higher than average costs. If the firm produces one more camera, average costs will

▸ reach a point of diminishing returns.

▸ reach their maximum.

▸ remain constant.

▸ fall.

▸ rise.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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bijin05bijin05
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A year ago
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