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Long-run average total cost curves are often U-shaped: a

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Long-run average total cost curves are often U-shaped:

a. For the same reasons that average total cost curves are often U-shaped,

b. Because of constant returns to scale,

c. Because of increasing coordination problems at low levels of production and increasing specialization of workers at high levels of production,

d. Because of the increasing specialization of workers at low levels of production and increasing coordination problems at high levels of production.