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Party Supply Value's average cost went from $0.90 per balloon when they produced 1,000 units to $0.87 per balloon when they produced 3,000 units. Which

Party Supply Value's average cost went from $0.90 per balloon when they produced 1,000 units to $0.87 per balloon when they produced 3,000 units.

Which of the following describes this scenario?

  • a.)
  • Economies of scale
  • b.)
  • Diseconomies of scale
  • c.)
  • Constant scale
  • d.)
  • Both diseconomies and economies of scale

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