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dalvirb dalvirb
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A year ago
Underutilization is justified if there are gains from building bigger plants. One such reason is if

▸ the firm passed its minimum efficient scale.

▸ the SRATC is below LRAC.

▸ LRAC curve is flat.

▸ LRAC is increasing.

▸ LRAC is declining.
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Microeconomics

Microeconomics


Edition: 17th
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ChicagokidChicagokid
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dalvirb Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
rene_ram97
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This calls for a celebration Person Raising Both Hands in Celebration
54321abs
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Smart ... Thanks!
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