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Tidy Tidy
wrote...
Posts: 4852
9 years ago
Economies of scale occur when
A) a firm's long-run average total costs fall as it increases the quantity of output it produces.
B) the marginal product of labor is greater than the average product of labor.
C) short-run marginal cost falls.
D) the demand for a firm's output increases.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 186 times
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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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