A firm that has the long-run cost curves shown in the graph, Ask an Expert

Economics

A firm that has the long-run cost curves shown in the graph above would be able to do or have the following, except:

A. Exploit economies of scale

B. Have an entry barrier protecting it from new entrants into the market

C. Serve the market demand for the product at lower and lower unit costs

D. Attain lower unit costs by reducing its output level

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91403024

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