Question
Economies of scale occur when a. average fixed costs are constant.b. long-run average total costs rise as output increases.c. long-run average total costs fall as
Economies of scale occur when
a. average fixed costs are constant.b. long-run average total costs rise as output increases.c. long-run average total costs fall as output increases.d. average fixed costs are falling.
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Principles Of Financial Accounting
Authors: John J Wild, Ken W Shaw, Barbara Chiappetta
22nd Edition
0077632893, 9780077632892
