Table 11-8 represents the monthly output of five companies in the electric scooter manufacturing industry.
Minimum efficient scale in this industry is a monthly output of 27,000 electric scooters, and the industry
has a typical U-shaped long-run average cost curve with no constant returns to scale.
-Refer to Table 11-8. Which of these companies are on the downward-sloping portion of the long-run average cost curve?

Question

Table 11-8 represents the monthly output of five companies in the electric scooter manufacturing industry. 
Minimum efficient scale in this industry is a monthly output of 27,000 electric scooters, and the industry
has a typical U-shaped long-run average cost curve with no constant returns to scale.
-Refer to Table 11-8. Which of these companies are on the downward-sloping portion of the long-run average cost curve?

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The Answer of

Table 11-8 represents the monthly output of five companies in the electric scooter manufacturing industry. 
Minimum efficient scale in this industry is a monthly output of 27,000 electric scooters, and the industry
has a typical U-shaped long-run average cost curve with no constant returns to scale.
-Refer to Table 11-8. Which of these companies are on the downward-sloping portion of the long-run average cost curve?

Table 11-8 Represents the Monthly Output of Five Companies in the Electric