Question: A company is experiencing economies of scale, the decrease when the firm produces more units of output. O long run average total costs O long




A company is experiencing economies of scale, the decrease when the firm produces more units of output. O long run average total costs O long run average fixed costs O short run average variable costs O short run average fixed costsThomas owns a burger restaurant. His total costs are $550,000, and his fixed costs are $200,000. He sells 1,000 units. Calculate the average variable costs. O $350,000 O $200 O $350 O $550
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