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Title: Which of the following physical relationships might generate economies of scale? Post by: lizsmith on Mar 4, 2019 Question 1. Which of the following is NOT a reason a firm might experience economies of scale?• increasing long-run average costs • specialization • dimensional factors • more productive equipment Question 2. Which of the following physical relationships might generate economies of scale?• Larger equipment tends to weigh more and use more fuel on a per-unit-of-output basis. • Proportionally larger pipes can transport more than a proportional increase in oil. • Each lift truck requires one lift truck driver. • A doubling of all inputs leads to a doubling of output. Title: Which of the following physical relationships might generate economies of scale? Post by: dnlee1 on Mar 4, 2019 Content hidden
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