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sergejj [24]
3 years ago
6

Which concept explains the decrease in average cost of production due to increase in production?

Business
1 answer:
Bad White [126]3 years ago
7 0

The answer is C.) law of diminishing returns. It is <span>used to refer to a point at which the level of profits or benefits gained is less than the amount of money or energy invested. It is the </span>decrease in the marginal (incremental) output of a production process as the amount of a single factor of production .

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slamgirl [31]

Answer:

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Data given

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Answer:

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