|
Title: On the downward sloping portion of a firm's long-run average cost curve, it is experiencing Post by: LilyGal on Apr 28, 2019 Question 1. For economies of scale, a(n) ________ in a firm's scale of production leads to ________ average total cost. ▸ increase; lower ▸ increase; higher ▸ decrease; lower ▸ decrease; no change in Question 2. On the downward sloping portion of a firm's long-run average cost curve, it is experiencing ▸ economies of scale. ▸ constant returns to scale. ▸ diseconomies of scale. ▸ diminishing marginal returns. Title: On the downward sloping portion of a firm's long-run average cost curve, it is experiencing Post by: kwashington67 on Apr 28, 2019 Content hidden
Title: On the downward sloping portion of a firm's long-run average cost curve, it is experiencing Post by: LilyGal on Apr 28, 2019 I appreciate what you did here, answered it correctly :D
|