-Refer to the diagram above.The firm is experiencing economies of scale when output is
A) less than 18 units.
B) between 18 and 21 units.
C) greater than 21 units.
D) greater than 18 units.
E) less than 21 units.

Question

-Refer to the diagram above.The firm is experiencing economies of scale when output is
A) less than 18 units. 
B) between 18 and 21 units. 
C) greater than 21 units. 
D) greater than 18 units. 
E) less than 21 units.

Quizplus · Accepted Answer

The Answer of 
-Refer to the diagram above.The firm is experiencing economies of scale when output is
A) less than 18 units. 
B) between 18 and 21 units. 
C) greater than 21 units. 
D) greater than 18 units. 
E) less than 21 units.

-Refer to the Diagram Above