question archive Which of the followings is true? Economies of scale means: A) As the production quantity increases, the total cost decreases B) As the production quantity increases, the cost per unit decreases C) As the production quantity increases, both the cost per unit and the total cost decreases d) All of the above
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Which of the followings is true?
Economies of scale means:
A) As the production quantity increases, the total cost decreases
B) As the production quantity increases, the cost per unit decreases
C) As the production quantity increases, both the cost per unit and the total cost decreases
d) All of the above
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