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Author Question: If a firm experiencing economies of scale decreases its output, its long-run average cost will ... (Read 101 times)

torybrooks

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on: Jun 30, 2018
If a firm experiencing economies of scale decreases its output, its long-run average cost will decrease.
 a. True
  b. False

Question 2

If a firm is producing at its minimum efficient scale, increasing its output slightly will lead to diseconomies of scale.
 a. True
  b. False


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paavo

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


torybrooks

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

sailorcrescent

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Reply 3 on: Yesterday
Excellent

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