Question
If a firm is able to expand its production capacity as it wishes, it is ______________. a.experiencing economies of scale. b.operating in the long run.
If a firm is able to expand its production capacity as it wishes, it is ______________.
a.experiencing economies of scale.
b.operating in the long run.
c.operating in the short run.
d.making economic profits both in the short run and long ru
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
