When Average Costs Fall as Output Increases,it Is Due to _____;When

question 54

Multiple Choice

When average costs fall as output increases,it is due to _____;when they fall at a given level of output it is due to _____.

• A)economies of scale;learning by doing
• B)economies of scale;diseconomies of scale
• C)learning by doing;economies of scale
• D)learning by doing;diseconomies of scale

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Definitions:

Religion Clauses

Provisions in the First Amendment of the U.S. Constitution that guarantee freedom of religion, separated into the Establishment Clause and the Free Exercise Clause.

First Amendment

The first amendment to the United States Constitution, guaranteeing freedoms concerning religion, expression, assembly, and the right to petition.

Supreme Court

The highest federal court in a country, often having the final say in cases involving federal law or constitutional issues.