MCQOPTIONS
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| 1. |
When a firm enters the law of diminishing returns to scale |
| A. | TVC curve begins to fall at an increasing rate |
| B. | TVC curve begins to increase at an increasing rate |
| C. | TVC curve begins to fall at an decreasing rate |
| D. | TVC curve begins to increase at an decreasing rate |
| Answer» B. TVC curve begins to increase at an increasing rate | |