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Title: At the current level of output, long-run marginal cost is $50 and long-run average cost is $75. ... Post by: Satsume on Oct 24, 2017 At the current level of output, long-run marginal cost is $50 and long-run average cost is $75. This implies that:
A) there are neither economies nor diseconomies of scale. B) there are economies of scale. C) there are diseconomies of scale. D) the cost-output elasticity is greater than one. Title: Re: At the current level of output, long-run marginal cost is $50 and long-run average cost is $75. ... Post by: Bart_arg on Oct 24, 2017 Content hidden
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