Home » Economics » The downward sloping part of the long-run average cost curve of a firm may be…The downward sloping part of the long-run average cost curve of a firm may be… The downward sloping part of the long-run average cost curve of a firm may be attributable to? A. diminishing returns B. the law of variable proportions C. diseconomies of scale D. increasing returns to scale Correct Answer: Option D Explanation Related Posts Factory buildings, machinery and raw materials are known in Economics as If commodity X is a by-product of commodity Y , this implies that both commodities… Malthus became famous through his theory which may be stated simply If the demand for one commodity excludes another, it is said to be The present privatization policy in Nigeria is aimed at? The concept of economics efficiency primarily implies
