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28 February, 16:05

The upward-sloping part of the long-run average cost curve is explained by:

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  1. 1 March, 09:26
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    The appropriate response is diseconomies of scale. Diseconomies of scale is a monetary idea alluding to a circumstance in which economies of scale never again works for a firm. With this guideline, as opposed to encountering kept diminishing expenses and expanding yield, a firm observes an expansion in minor costs when yield is expanded.
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