The positively-sloped part of the long-run average total, Ask an Expert

Economics

The positively-sloped part of the long-run average total cost curve is due to which of the following?

Diseconomies of scale.

Diminishing returns.

The firm being able to take advantage of large-scale production techniques as it expands its output.

The increase in productivity that results from specialization.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91697083

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