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2 months ago
Because the short-run average total cost curve slopes downward for an information product, the firm experiences

• a downward sloping average variable cost curve.

• a downward sloping marginal cost curve.

• long-run diseconomies of scale.

• short-run economies of operation.
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Economics Today: The Micro View
Edition: 19th
Author:
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Posts: 176
2 months ago
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short-run economies of operation.
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wrote...
2 months ago
Appreciate the effort, thank you!
wrote...
2 months ago
You're very welcome ... please mark the topic solved when you get a chance
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