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Economies of scale.

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Justus Rau

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Q: What are the factors that cause a producers average cost per unit to fall as output rises called what?
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What are the factors that cause a producers average cost per unit to fall as output rises called?

Economies of scale.


What are factors that cause a producer's average cost per unit to fall as output rises called?

Economies of scale.


Why wouldn't producers want to produce output at the lowest average cost?

because they were tirerd


Factors that cause a producer's average cost per unit to fall as output rises?

economies of scale


What is economic of sales?

Economies of scale are factors which cause the average cost of production to decrease as the volume of its output is increased. It has two types: the internal and external factors.


What factors decrease urine output?

There are various factors which might decrease urine output. For example, if a person is dehydrated then they will urinate less.


What determines the amount of output an economy produces?

The factors of production and the production technology determine the economy's output of goods and services. An increase in one of the factors of productionor a technological advance raises output.


What index measures price changes received by domestic producers for their output?

producer price index


What happens to the value of average fixed cost as the level of output increases?

The average fixed cost is equal to fixed cost divided by level of output, if the output increases; the average fixed cost is less.


Which economic indicator helps producers evaluate their output versus input?

Producer Price Index (PPI)


When marginal costs are below average cost at a given output one can deduce that if output increases what happens?

when marginal costs are below average cost at a given output, one candeduce that, if output increases dose average costs fall or marginal costs will fall


When marginal costs are below average cost at a given output one can deduced that if output increases?

when marginal cost are below average cost at a given output, one can deduce that,