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Author Question: When the long-run average cost curve is downward sloping, (Read 94 times)

mia

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on: May 24, 2019
When the long-run average cost curve is downward sloping,
◦ economies of scale are present.
◦ diseconomies of scale are present.
◦ the firm experiences constant returns to scale.
◦ the average fixed cost curve must be upward sloping.
◦ The premise of the question is wrong because long-run average cost curves never slope downward.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by mia on May 24, 2019

ambernicolefink

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Reply #1 on: May 24, 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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mia

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Reply #2 on: May 24, 2019
TY


ambernicolefink

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Reply #3 on: May 24, 2019
You're welcome


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