History, 25.03.2021 19:40, pedroramirezr2

If a firm enjoys economies of scale, . A. its average total cost will decrease as production increases
B. its marginal revenue will increase as production increases
C. its total costs will decrease as production increases
D. its average total cost will increase as production increases

Answers: 2

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If a firm enjoys economies of scale, . A. its average total cost will decrease as production increases B. its marginal revenue will increase as production increases C. its total costs will decrease as production increases D. its average total cost will increase as production increases

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Questions in other subjects:

If a firm enjoys economies of scale, . A. its average total cost will decrease as production increases
B. its marginal revenue will increase as production increases
C. its total costs will decrease as production increases
D. its average total cost will increase as production increases