Answered

Explore Westonci.ca, the leading Q&A site where experts provide accurate and helpful answers to all your questions. Experience the convenience of getting accurate answers to your questions from a dedicated community of professionals. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

ABC' restaurant initially experiences a surge in customers, and they decide to increase their workforce and expand their seating capacity. However, they notice that some costs remain fixed, while others become more flexible over time. What economic concept does the ABC restaurant's illustrate?

A. Economies of scale
B. Diminishing marginal returns
C. Short-run cost curves
D. Long-run cost curves

Sagot :

Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.