A downward- sloping LRAC curve will shift downward because of
A)the use of large,specialized machinery as the volume of output increases.
B)specialization.
C)a decrease in factor prices.
D)economies of scale.
E)factor substitution.

Question

Quizplus · Accepted Answer

The Answer of A downward- sloping LRAC curve will shift downward because of
A)the use of large,specialized machinery as the volume of output increases.
B)specialization.
C)a decrease in factor prices.
D)economies of scale.
E)factor substitution.

A Downward- Sloping LRAC Curve Will Shift Downward Because of