Will firms in industries in which high levels of output are necessary for minimum efficient scale tend

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Will firms in industries in which high levels of output are necessary for minimum efficient scale tend to have substantial degrees of operating leverage?

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Managerial Economics

ISBN: 978-0324588866

12th edition

Authors: Mark Hirschey

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Question Posted: Feb 13, 2015 09:51 AM

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Will firms in industries in which high levels of output are necessary for minimum efficient scale tend

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Yes in industries where the minimum efficient scale is large longrun average cost...View the full answer

Managerial Economics

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