Author Question: External economies of scale will average cost when output is by . A) ... (Read 74 times)

123654777 · **on:** Jun 30, 2018

External economies of scale will ________ average cost when output is ________ by ________.

A) reduce; increased; the industry
B) reduce; increased; a firm
C) increase; increased; a firm
D) increase; increased; the industry
E) reduce; reduce; the industry

Question 2

The European Union is the oldest, largest, and most ambitious integration agreement in the world today.

Indicate whether the statement is true or false