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If a firms marginal cost is greater than its average variable cost, then:a)The firm is experiencing economies of scale.b)The firm is experiencing diseconomies of scale.c)The firm is experiencing increasing marginal returns.d)The firm is experiencing decreasing marginal returns.Correct answer is option 'B'. Can you explain this answer? for JAMB 2025 is part of JAMB preparation. The Question and answers have been prepared according to the JAMB exam syllabus. Information about If a firms marginal cost is greater than its average variable cost, then:a)The firm is experiencing economies of scale.b)The firm is experiencing diseconomies of scale.c)The firm is experiencing increasing marginal returns.d)The firm is experiencing decreasing marginal returns.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for JAMB 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If a firms marginal cost is greater than its average variable cost, then:a)The firm is experiencing economies of scale.b)The firm is experiencing diseconomies of scale.c)The firm is experiencing increasing marginal returns.d)The firm is experiencing decreasing marginal returns.Correct answer is option 'B'. Can you explain this answer?.

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