Question: A firm that can use its inputs more efficiently as it increases its production over the long run BEST demonstrates: O capital-intensive production. O labor-intensive


A firm that can use its inputs more efficiently as it increases its production over the long run BEST demonstrates: O capital-intensive production. O labor-intensive production. economies of scale. O diseconomies of scale
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
