Economies of scale include each of the following except
A) quantity discounts.
B) increasing specialization.
C) lower selling costs.
D) the corporate bureaucracy working at cross purposes.
Correct Answer:
Verified
Q94: The reason that total cost rises with
Q95: Which is the most accurate statement?
A)There is
Q96: In the short-run,when output is zero,
A)fixed cost
Q97: When output is 1,
A)marginal cost equals variable
Q98: Q100: Statement I: In the short run,when output Q101: If ATC is rising,MC Q102: Statement I: At an output of 0,variable![]()
A)must be below ATC.
B)may
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