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Introduction to Economics 2
INTRODUCTION TO ECONOMICS II (İKTİSADA GİRİŞ II) - (İNGİLİZCE) Dersi International Trade and Finance soru cevapları
INTRODUCTION TO ECONOMICS II (İKTİSADA GİRİŞ II) - (İNGİLİZCE) Dersi International Trade and Finance soru detayı:
SORU:
When do economies of scale exist?
CEVAP:
Economies of scale exist when the cost of producing a unit of a commodity falls as its output rate increases. In other words, it features of a firm’s technology that leads to a falling long run average cost as output increases.