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Author Question: When long-run average costs increase as a result of industry growth, there are (Read 38 times)

Alygatorr01285

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on: Apr 19, 2019

Question 1

Sources of ________ include larger industry size resulting in lower production costs.


◦ external diseconomies of scale
◦ internal diseconomies of scale
◦ external economies of scale
◦ internal constant returns to scale

Question 2

When long-run average costs increase as a result of industry growth, there are


◦ internal economies.
◦ internal diseconomies.
◦ external economies.
◦ external diseconomies.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Alygatorr01285 on Apr 19, 2019

cegalasso

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Reply #1 on: Apr 19, 2019
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Alygatorr01285

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Reply #2 on: Apr 19, 2019
Excellent


cegalasso

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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