Figure 15-1

-Refer to Figure 15-1.The shape of the average-total-cost curve suggests an opportunity for a profit-maximizing monopolist to take advantage of what
A)economies of scale
B)diseconomies of scale
C)decreasing marginal cost
D)increasing marginal cost

Question

Figure 15-1
 
-Refer to Figure 15-1.The shape of the average-total-cost curve suggests an opportunity for a profit-maximizing monopolist to take advantage of what
A)economies of scale 
B)diseconomies of scale 
C)decreasing marginal cost 
D)increasing marginal cost

Quizplus · Accepted Answer

The Answer is A

Figure 15-1 -Refer to Figure 15-1.The Shape of the Average-Total-Cost Curve Suggests