Economies-of-Scale

Apr 30th, 2015
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Strayer University
Course: General Education
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Class discussion: What would you recommend for a firm who's Short Run Average Cost (SRAC) curve is well above the Long Run Average Cost (LRAC)curve? Can this firm survive and what should this firm do? Support and justify your answer.

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Class discussion: What would you recommend for a firm who'sShort Run Average Cost (SRAC) curveis well abovethe Long Run Average Cost (LRAC)curve? Can this firm survive and what should this firm do?Support and justify your answer.Normally, the long run average cost curve is a U-shap

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