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Home Q & A Board Other Fields Homework Help Business Economics
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FAITHBELLE FAITHBELLE
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5 years 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.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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sarahlouhiggsarahlouhigg
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FAITHBELLE Author
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#2
5 years ago
Appreciate the effort, thank you!
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