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Author Question: The graph shows long run costs for a firm. The firm experiences economies of scale (Read 127 times)

leilurhhh

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The graph shows long run costs for a firm.  The firm experiences economies of scale
◦ up until 1,000 units are produced.
◦ once production exceeds 9,000 units.
◦ once production exceeds 5,000 units.
◦ only after 1,000 units are produced.
◦ when average costs are minimized at 5,000 units.


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Marked as best answer by leilurhhh on May 24, 2019

Leostella20

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leilurhhh

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Reply 2 on: May 24, 2019
Thanks for the timely response, appreciate it


ASDFGJLO

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Reply 3 on: Yesterday
:D TYSM

 

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