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Q: 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
A: Economies of Scale cause a producer's average cost per unit to fall while output rises.
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Asked 11/15/2013 7:53:10 AM
Updated 11/15/2013 8:20:34 AM
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Economies of Scale cause a producer's average cost per unit to fall while output rises.
Added 11/15/2013 8:20:34 AM
This answer has been confirmed as correct and helpful.
Confirmed by alfred123 [3/28/2014 1:26:31 PM]
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