I need the answer as soon as possible EconomicsLong run average cost is increasing in economies ofscale?1) True2) False

There are two type of scale in business or firm , economies and diseconomies of scale here we can…

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Economics Long run average cost is increasing in economies of scale? 1) True 2) False

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter7: Production, Costs, And Industry Structure

Section: Chapter Questions

Problem 27RQ: What is the difference between economies of scale, constant returns to scale, and diseconomies of...

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Long run average cost is increasing in economies of
scale?
1) True
2) False

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