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A firm whose cost of production decrease as it continues to increase its output is…

A firm whose cost of production decrease as it continues to increase its output is said to be enjoying?
  • A.
    profit maximization
  • B.
    large-scale production
  • C.
    a wind fall
  • D.
    government subsidies
  • E.
    economies of scale
Correct Answer: Option E
Explanation