Question

Question No. 11
• Economies of scale:
Answer
A. Occur when an increase in input
causes a less than proportionate increase
in output
B. Suggest that firms marginal cost
curve lies below its average cost curve
C. Suggest that the firms marginal cost
curve lies above its average cost curve
D. None of the above​

Answer 1

Answer:

I don't know

Explanation:

sorry

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