If the generic production function Q=f(K,L) displays increasing returns to scale, the value of K is fixed in the short run, and the prices of all inputs are held constant, then
A. the long-run average cost curve must be strictly increasing.
B. the short-run and the long-run average cost curves will coincide.
C. the long-run average cost curve must be strictly decreasing.
D. the short-run average cost curve must be strictly decreasing.
Answer: C
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