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Management · Q519

Managerial Economics

Graduate and Post Graduate · Management · question 519

Q519

Emperical evidence has shown that due to technological changes and 'learning by doing' trends, the shape of LAC curve has changed from

A.
U shaped to L shaped
Answer
B.
L shaped to U shaped
C.
Never changed
D.
None of these

Answer: Option A

Solution

Answer: Option A
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