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Author Question: If economies of scale are relatively important in an industry, the typical firm's (Read 292 times)

jc611

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on: Oct 8, 2019

If economies of scale are relatively important in an industry, the typical firm's


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marginal cost curve will decline continuously until it reaches minimum efficient scale.


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long-run average cost curve will reach a minimum at a level of output that is a relatively large fraction of total industry sales.


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long-run average cost curve will reach a minimum at a level of output that leaves room for a large number of firms to enter the industry.


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long-run average cost curve will begin rising before it reaches minimum efficient scale.

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Marked as best answer by jc611 on Oct 8, 2019

nixon_s

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Reply #1 on: Oct 8, 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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jc611

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Reply 2 on: Oct 8, 2019
Great answer, keep it coming :)

cici

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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