External economies and diseconomies explain the shape of ……. ?
Select ONE answer:
- the supply curve of the firm.
- the long-run average total cost curve of a firm.
- the short-run average total cost curve of a firm.
- the long-run industry supply curve.
Show your workings to arrive at your answer, and explain and justify your reasons:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
This multiple choice question is suitable for Economics KS5 classes.
The answer is 4
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