If a firm enjoys economies of scale,
a.
its average total cost will increase as production increases.
b.
its marginal revenue will increase as production increases.
c.
its average total cost will decrease as production increases.
d.
its total costs will decrease as production increases.

Question

If a firm enjoys economies of scale,
a.
its average total cost will increase as production increases.
b.
its marginal revenue will increase as production increases.
c.
its average total cost will decrease as production increases.
d.
its total costs will decrease as production increases.

micahmglomski · Answer

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anonymous · Answer

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