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Tidy Tidy
wrote...
Posts: 4852
9 years ago
If a firm's long-run average total curve shows that it can produce 5,000 DVDs at an average cost of $2.00 and 15,000 DVDs at an average cost of $1.50 this is evidence of
A) diminishing returns.
B) economies of scale.
C) diseconomies of scale.
D) the law of supply.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 268 times
2 Replies
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SmooothSmoooth
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Posts: 5500
9 years ago
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9 years ago
You're welcome Happy Dummy
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