Question
In the short run, if the average cost curve is shown as decreasing, it is because a.it becomes cheaper to produce an infinite amount of
In the short run, if the average cost curve is shown as decreasing, it is because
a.it becomes cheaper to produce an infinite amount of goods.
b.additional units of production are inferior.
c.variable costs increase with each additional amount of production.
d.fixed cost is spread out over larger amounts of production.
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International Political Economy
Authors: Thomas Oatley
6th Edition
1138490741, 9781138490741
