17 scale economy is when in the long term a production increases faster than before b the averag

Name: 17 scale economy is when in the long term a production increases faster than before b the average total cost is low total costs fall d variable costs 98027
Uploaded: 2022-01-06T10:15:20-08:00
Duration: 4 min 39 s
Channel: Shalini Tyagi
Description: 17 scale economy is when in the long term a production increases faster than before b the average total cost is low total costs fall d variable costs 98027

Question

Shalini Tyagi · Accepted Answer

Step 1: Scale economy or economies of scale refer to cost advantages achieved by companies when

Question

'17. "Scale economy" is, when in the long term: a Production increases faster than before_ b The average total cost is low: Total costs fall: d Variable costs'

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