The firm experience economies of scale

Reference no: EM13874403

The firm's long-run total cost is given by and long-run marginal cost is given by LMC = 100 - 20Q + Q². At what output level does the firm experience economies of scale?

A.	Q < 175
B.	Q < 88
C.	Q < 4,000
D.	Q < 15

Reference no: EM13874403

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