Declining Cost Industries
A)have Upward Rising AC Curves $\cap$ -Shaped Total Costs

question 16

Multiple Choice

Declining cost industries

• A)have upward rising AC curves.
• B)have upward rising demand curves.
• C)have \(\cap\)-shaped total costs.
• D)have diseconomies of scale.
• E)have marginal cost curves below their average cost curve.

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