Economies of scale occur when the long run total cost is decreasing the long run total cost is increasing at a decreasing rate O the marginal cost is increasing the long run AC is increasing O the long run AC is decreasing

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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问题5
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Economies of scale occur when
the long run total cost is decreasing
the long run total cost is increasing at a decreasing rate
the marginal cost is increasing
the long run AC is increasing
O the long run AC is decreasing
Transcribed Image Text:问题5 1分 Economies of scale occur when the long run total cost is decreasing the long run total cost is increasing at a decreasing rate the marginal cost is increasing the long run AC is increasing O the long run AC is decreasing
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In a market, organizations may face all the three faces of cost, such as increasing, decreasing or constant. Economies of scale are one of the causes that may lead to provide dominant power to an organization.

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