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Satsume Satsume
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7 years ago
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.
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Microeconomics

Microeconomics


Edition: 8th
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Bart_argBart_arg
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Satsume Author
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7 years ago
This helped my grade so much Perfect
sleinhi
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Yesterday
Correct Slight Smile TY
ethom947
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2 hours ago
Smart ... Thanks!
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