The firms long-run total cost is given bynbspnbspand


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

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Microeconomics: The firms long-run total cost is given bynbspnbspand
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