If a firm enjoys economies of scale,

a.

its average total cost will increase as production increases.

b.

its marginal revenue will increase as production increases.

c.

its average total cost will decrease as production increases.

d.

its total costs will decrease as production increases

Answers (1)

Know the Answer?

Not Sure About the Answer?

Get an answer to your question ✅ “If a firm enjoys economies of scale, a. its average total cost will increase as production increases. b. its marginal revenue will increase ...” in 📙 Social Studies if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.

Search for Other Answers

If a firm enjoys economies of scale,a.its average total cost will increase as production increases.b.its marginal revenue will increase as production increases.c.its average total cost will decrease as production increases.d.its total costs will decrease as production increases

If a firm enjoys economies of scale,

a.

its average total cost will increase as production increases.

b.

its marginal revenue will increase as production increases.

c.

its average total cost will decrease as production increases.

d.

its total costs will decrease as production increases