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sinerus sinerus
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Suppose that in 2012 ABC Corp. produced 500 million units of a good at an average cost of $2, and in 2013 ABC Corp. expanded its plant capacity and produced 600 million units at an average cost of $1.80. In this range, one can conclude that ABC Corp. is experiencing
A) economies of scale.
B) neither economies of scale or diseconomies of scale.
C) diseconomies of scale.
D) diminishing marginal product.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Lightman030Lightman030
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4 years ago
so good
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n
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Thank you
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