Question
A firm experiences long-run economies of scale when Select one: a.long-run marginal costs are falling. b.long-run average costs are rising. c.long-run marginal costs are rising.
A firm experiences long-run economies of scale when
Select one:
a.long-run marginal costs are falling.
b.long-run average costs are rising.
c.long-run marginal costs are rising.
d.long-run average costs are falling.
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Using Excel For Principles Of Econometrics
Authors: R Carter Hill, Genevieve Briand
4th Edition
1118032101, 9781118032107
