The short-run economies of operation associated with production of an information product arise because:
a) AFC is constant and MC slopes downward, so that AVC slopes downward.
b) AVC and AFC slope downward though MC is constant, so that ATC slopes downward.
c) AVC, which is equal to MC, is constant and AFC slopes downward, so that ATC slopes downward.
d) MC is constant and MC slopes upward, so that AVC slopes upward.
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