Quantity 1 2 4 5 6 7 Firm A 30 60 90 120 150 Firm B 75 85 90 95 100 Firm C 40 65 90 115 140 170 Indicate whether each firm experiences economies of scale or diseconomies of scale. (Note: If a firm experiences economies of scale in one region and diseconomies of scale in another, make sure to select both columns.) Firm Economies of Scale Diseconomies of Scale A B с 75 70 15 25 70 3 Hand written asap 40 80 55
Quantity 1 2 4 5 6 7 Firm A 30 60 90 120 150 Firm B 75 85 90 95 100 Firm C 40 65 90 115 140 170 Indicate whether each firm experiences economies of scale or diseconomies of scale. (Note: If a firm experiences economies of scale in one region and diseconomies of scale in another, make sure to select both columns.) Firm Economies of Scale Diseconomies of Scale A B с 75 70 15 25 70 3 Hand written asap 40 80 55
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
![Consider the following table of long-run total costs for three different firms:
Quantity
1
2
3 4
6
7
Firm A
25
30 40 60 90 120
150
70 75
80
85
90 95 100
Firm B
Firm C
15 40 65
90
115 140 170
Indicate whether each firm experiences economies of scale or diseconomies of scale. (Note: If a firm experiences economies of scale in one region
and diseconomies of scale in another, make sure to select both columns.)
Firm Economies of Scale Diseconomies of Scale
A
B
(
с
U
U
U
Hand written asap](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7b36f851-d853-4aa0-bca5-09ac88277b04%2F3094dcff-d4ac-41a1-9dd6-50c0a891485b%2Fkkmvmh_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Consider the following table of long-run total costs for three different firms:
Quantity
1
2
3 4
6
7
Firm A
25
30 40 60 90 120
150
70 75
80
85
90 95 100
Firm B
Firm C
15 40 65
90
115 140 170
Indicate whether each firm experiences economies of scale or diseconomies of scale. (Note: If a firm experiences economies of scale in one region
and diseconomies of scale in another, make sure to select both columns.)
Firm Economies of Scale Diseconomies of Scale
A
B
(
с
U
U
U
Hand written asap
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