in the long run, firms generally experience diseconomies of scale, first because the large initial cost are spread over a small amount of output. eventually, economies of scale decrease the long-run average total costs (LRATC) as output increases. true or false
in the long run, firms generally experience diseconomies of scale, first because the large initial cost are spread over a small amount of output. eventually, economies of scale decrease the long-run average total costs (LRATC) as output increases. true or false
Chapter7: Proudction Costs
Section: Chapter Questions
Problem 15SQ
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in the long run, firms generally experience diseconomies of scale, first because the large initial cost are spread over a small amount of output. eventually, economies of scale decrease the long-run
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