Answer
Firm A--economies of scale
Firm B--diseconomies of scale
Firm C--both economies of scale and diseconomies of scale
Work Step by Step
Please see the table that shows the average total costs for each firm.
Principles of Economics, 7th Edition
by Mankiw, N. Gregory
Published by
South-Western College
ISBN 10:
128516587X
ISBN 13:
978-1-28516-587-5
Chapter 13 - Part V - The Costs of Production - Problems and Applications - Page 277: 10
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