Business, 05.08.2021 01:00 jesspatrick91810

Economies of scale Multiple Choice Exist in both the short run and the long run. Explain why average variable and average total costs decline in the short run. Explain why average total costs decline as output increases in the long run. Explain why average total costs increase as output increases in the long run.

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Economies of scale Multiple Choice Exist in both the short run and the long run. Explain why average...