The main sources of economies of scale are
A) increasing marginal cost and decreasing marginal product.
B) specialization of resources such as labor and capital.
C) caused by the difficulty of coordinating and controlling large enterprises.
D) decreasing marginal cost and increasing marginal product.
E) an increase in a firm's bargaining power to lower the wage rate and the cost of capital as the firm's output increases.
Correct Answer:
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Q186: The long run average cost curve
A) is
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A)
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Q190: Which of the following is FALSE?
A) Long-run
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Q193: Diseconomies of scale is
A) a short run
Q194: Average total cost equals
A) marginal cost divided
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Q196: Which of the following is true in
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