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A Firm Notices That When It Increases Output Beyond an Initial

Question 3

Multiple Choice

A firm notices that when it increases output beyond an initial level A firm notices that when it increases output beyond an initial level ,average total cost decreases.For this firm,the region of output beyond is characterized by A) economies of scale. B) diseconomies of scale. C) constant economies of scale. D) the minimum efficient scale. ,average total cost decreases.For this firm,the region of output beyond A firm notices that when it increases output beyond an initial level ,average total cost decreases.For this firm,the region of output beyond is characterized by A) economies of scale. B) diseconomies of scale. C) constant economies of scale. D) the minimum efficient scale. is characterized by


A) economies of scale.
B) diseconomies of scale.
C) constant economies of scale.
D) the minimum efficient scale.

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