Firms experience economies of scale LOADING… for several reasons. What is one such reason?
Firms experience economies of scale for several reasons. What is one such reason? A firm might experience economies of scale because: A. as a firm expands, it may have to borrow money at a higher interest rate. B. managers begin to have difficulty coordinating the operations of the firm. C. managers become more specialized, enabling them to be more productive as output expands. D. a firm's technology may make it impossible to increase production without a larger proportional increase in input usage. E. large firms may be required to purchase inputs at higher costs than smaller competitors.
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Jan 18, 2025
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