If a Firm Experiences Economies of Scale,then,as Output Increases

question 35

Multiple Choice

If a firm experiences economies of scale,then,as output increases,

• A)short-run total costs decline
• B)long-run total costs rises proportionately more than output
• C)short-run marginal cost must decline
• D)long-run total cost rises proportionately less than output
• E)demand increases

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