Q.

Economies of scale exist if:

A. as the amount of capital increases, the cost of producing per unit rises
B. as the amount of capital increases, the cost of producing per unit falls
C. as the amount of capital increases, the marginal cost rises
D. as the amount of capital increases, the marginal physical product falls
Answer» B. as the amount of capital increases, the cost of producing per unit falls
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Principles of Micro Economics

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