Factors that cause a producer s average cost per unit to fall while output rises are known as _____.
a. franchise scale
b. price discrimination
c. economics of scale
d. market power scale
Economies of Scale cause a producer's average cost per unit to fall while output rises.
Asked 160 days ago|11/15/2013 7:53:10 AM
Updated 160 days ago|11/15/2013 8:20:34 AM