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Which of the following does NOT represent a possible shape of the long-run average cost curve?

Mairoon

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Posts: 850

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7 years ago

Which of the following does NOT represent a possible shape of the long-run average cost curve?

Which of the following does NOT represent a possible shape of the long-run average cost curve?
A) downward-sloping
B) upward-sloping
C) U-shaped
D) vertical

Textbook

Microeconomics

Microeconomics

Edition: 6^th

Author: Perloff

Read 82 times

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Tyforumca

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#1

7 years ago

D

Mairoon Author

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#2

7 years ago

Perfect

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