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Author Question: The ________ at which a firm's long run average cost curve is at its minimum is called the minimum ... (Read 66 times)

LaDunn

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on: Apr 19, 2019

Question 1

An increase in a firm's scale of production leads to no change in average total cost as long as there are


◦ economies of scale.
◦ diseconomies of scale.
◦ negative returns to scale.
◦ constant returns to scale.

Question 2

The ________ at which a firm's long run average cost curve is at its minimum is called the minimum efficient scale.


◦ largest plant size
◦ largest industry size
◦ smallest plant size
◦ average plant size
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by LaDunn on Apr 19, 2019

ladyjames123

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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LaDunn

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

AmberC1996

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Reply 3 on: Yesterday
:D TYSM

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