A firm experiences economies of scale when

A firm experiences economies of scale when




A. the average cost of producing a good decreases as the firm's output of the good decreases.
B. the average cost of producing a good increases as the firm's output of the good increases.
C. the average cost of producing a good increases as the firm's output of the good decreases.
D. the average cost of producing a good decreases as the firm's output of the good increases.


Answer: D. the average cost of producing a good decreases as the firm's output of the good increases.


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