Internal economies of scale are expected to bring about?

ECONOMICS
JAMB 2001

Internal economies of scale are expected to bring about?

  • A. an increase in short-run average cost
  • B. an increase in long-run average cost
  • C. a decrease in long-run average cost
  • D. a decrease in short-run average cost

Correct Answer: B. an increase in long-run average cost



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