Explain how the long-run average cost curve is constructed graphically.
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Q376: Q377: If the long-run average cost curve continuously Q378: Minimum efficient scale Q379: The lowest rate of output per unit Q380: When a firm is at its minimum Q382: Why might firms experience diseconomies of scale? Q383: "A firm cannot experience both economies of Q384: How is the long-run average cost curve Q385: "The short-run average total cost curve and Q386: "The long-run average cost curve is derived
A) is the point at
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