[Answered] If a firm experiencing economies of scale decreases its output, its long-run average cost will ...

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torybrooks

Hero Member
Posts: 500

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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Marked as best answer by a Subject Expert

paavo

Sr. Member
Posts: 301

Reply #1 on: Jun 30, 2018

Answer to Question 1

B

Answer to Question 2

A

torybrooks

Member
Posts: 500

Reply 2 on: Jun 30, 2018

YES! Correct, THANKS for helping me on my review

ecabral0

Member
Posts: 310

Reply 3 on: Yesterday

Excellent

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