Figure 13-8
The figure below depicts average total cost functions for a firm that produces automobiles.

-Refer to Figure 13-8.This firm experiences diseconomies of scale at what output levels?
A) output levels above N
B) output levels between M and N
C) output levels below M
D) All of the above are correct, if the firm is operating in the long run.
Correct Answer:
Verified
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