If the total cost curve gets flatter as output increases (reaching the top of the hill), the firm is experiencing... Group of answer choices economies of scale. diminishing marginal product. increasing marginal product. decreasing total costs.

Essentials of Economics (MindTap Course List)
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ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter12: The Cost Of Production
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If the total cost curve gets flatter as output increases (reaching the top of the hill), the firm is experiencing...

Group of answer choices
economies of scale.
diminishing marginal product.
increasing marginal product.
decreasing total costs.
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