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a. the firm is experiencing constant returns to scale.
b. it is equal to long-run marginal cost.
c. the long-run average cost curve is tangent to the lowest point on a short-run average total cost curve.
d. all of the above occur.
c. the long-run average cost curve is tangent to the lowest point on a short-run average total cost curve.
I thank option D right answer ...........
All of the above is the correct option.
I Will Choose Option " D " ...
The answer is : Option ( D )
answer D : all of the above ______________________________
d. all of the above occur. ....................................................................
d. all of the above occur.lllllllllllllllllllllllllllllllllllllllllll
Option (D) All of the above