Business, 23.03.2020 21:40 robertobi5397

Economies of scale a. require inputs' MPP to fall as output increases (everything else equal). b. pertain to the long run only. c. refer to increased output generalized by an increase in the quantity of a single input. d. imply that the AC curve will fall continuously as output increases in the short run.

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Economies of scale a. require inputs' MPP to fall as output increases (everything else equal). b. pe...

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