The decreasing portion of the firm's long-run average cost curve is attributable to

A. Increasing marginal cost

B. economies of scale

C. Diseconomies If the scale

D. Constant returns to scale

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Insha FatimaLv10

16 Nov 2020

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Related questions

The downward-sloping portion of the long run average cost curve is the result of

A. economies of scale

B. diseconomies of scale

C. diminishing returns

D. the existence of fixed resources

ivoryhare127

Take a look at the following information and answer the question below:

If long-run average costs are constant with respect to output, then you have constant returns to scale.

If long-run average costs rise with output, you have decreasing returns to scale or diseconomies of scale.

If long-run average costs fall with output, you have increasing returns to scale or economies of scale. Every company is trying to reach economies of scale. However, it is not always possible. What are some of the things that could keep a company from reaching economies of scale? Why?