When internal economies of scale occur?
Total costs fall
Marginal costs increase
Average costs fall
Revenue falls
Price equals
Total revenue - Quantity
Total revenue/Quantity sold
Total quantity sold × Quantity sold
Total revenue/Total cost
If total units sold of the commodity are multiplied by the cost per unit of the commodity we shall get
Average Revenue
Total Revenue
Marginal Revenue
Profit
_________ are short run cost.
AC
MC
TC
All the above
