Answer to Question #21137 in Microeconomics for Nooria iftikhar

Question #21137
quantity Firm A Firm B Firm C
1 60 dollar 11 dollar 21 dollar
2 70 dollar 24 dollar 34 dollar
3 80 dollar 39 dollar 49 dollar
4 90 dollar 56 dollar 66 dollar
5 100 dollar 75 dollar 85 dollar
6 110 dollar 96 dollar 106 dollar
7 120 dollar 119 dollar 129 dollar

Consider the following table of the long run total cost for three different firms:
Does each of these firms experiences economies of scale or dis economies of scale?
0
Expert's answer

Answer in progress...

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS