Determine whether each of the statement is true, false, or uncertain. If the statement is false or uncertain, please correct the statement to make it true.  If the statement is true, please explain your answer briefly.  Give a brief definition of any underlined term.   a. The average total cost curve of a natural monopoly is u-shaped because economies of scale is present over a wide range of output. b. The long run average total cost curve increases as output increases due to diminishing marginal product of labor. c. Economies of scale causes the long-run market supply curve to rise as price increases.

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