A. long-run average costs decline continuously through the range of demand.
b. economies of s...
Business, 10.12.2019 23:31, dbn4everloved
A. long-run average costs decline continuously through the range of demand.
b. economies of scale are obtained at relatively low levels of output.
c. a firm owns or controls some resource essential to production.
d. long-run average costs rise continuously as output is increased.
Answers: 1
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