Which of the Following Changes Shift the Long-Run AC Curve

question 99

Multiple Choice

Which of the following changes shift the long-run AC curve?

• A)Learning by doing
• B)Economies of scale
• C)Diminishing marginal productivity
• D)Constant returns to scale

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Definitions:

Implementing Change

The process of applying strategies and actions to initiate and manage the transition within an organization or process.

Telling the Truth

The act of conveying facts or reality as accurately as possible, without deception or omission.

Waiting Patiently

The ability to endure delay or endure difficult situations without becoming annoyed or anxious.

North American Companies

Businesses or corporations that are based in North America, encompassing Canada, the United States, and Mexico.