An internal economies of scale is defined as
A)one whose size or scale effects are not located in the firm,but in the industry.
B)one with falling costs over a specific level of output.
C)one with falling costs over a relatively large range of output.
D)one with falling costs over a relatively large range of output,but definite declining profits.

Question

Quizplus · Accepted Answer

The Answer is C

An Internal Economies of Scale Is Defined as