Which of the Following Is True If a Firm Has

question 32

Multiple Choice

Which of the following is true if a firm has indivisible inputs?

• A)The long-run average cost curve is downward sloping at lower levels of output.
• B)The long-run fixed cost curve is downward sloping at lower levels of output.
• C)The long-run total cost curve is downward sloping at lower levels of output.
• D)The long-run marginal cost curve is downward sloping at lower levels of output.

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