If Apple could produce more computers at lower long-run average cost by increasing the quantity of the inputs it uses, Apple definitely would experience …….?
Select ONE answer:
- Decreasing marginal returns.
- Economies of scale.
- Increasing marginal returns.
- Diseconomies of scale.
Show your workings to arrive at your answer, and explain and justify your reasons:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
This multiple choice question is suitable for Economics KS5 classes.
The answer is 2
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