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If your firm is operating in the negatively sloped portion of a long-run average total cost curve,then your production exhibits:
Vitiligo
A skin condition characterized by patches of skin losing their pigment, resulting in irregular white spots.
Miliaria
A skin condition, often referred to as heat rash, characterized by small, itchy bumps caused by blocked sweat ducts during hot and humid conditions.
Impetigo
A highly contagious bacterial skin infection, characterized by red sores, blistering, and a honey-colored crust.
Streptococcus
A genus of coccus (spherical) bacteria, many of which are responsible for diseases in humans and animals.
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