Solved

Use the Following to Answer Question

Question 163

Multiple Choice

Use the following to answer question: Use the following to answer question: -(Figure: Long-Run Average Cost) Use Figure: Long-Run Average Cost.This firm has _____ in the output region from B to C. A) constant returns to scale B) diseconomies of scale C) economies of scale D) falling marginal cost
-(Figure: Long-Run Average Cost) Use Figure: Long-Run Average Cost.This firm has _____ in the output region from B to C.


A) constant returns to scale
B) diseconomies of scale
C) economies of scale
D) falling marginal cost

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q158: (Table: Lindsay's Farm)Use Table: Lindsay's Farm.Lindsay's fixed

Q159: The larger the output,the more output over

Q160: Use the following to answer question: <img

Q161: Use the following to answer question: <img

Q162: Scale is the size of a firm's

Q164: The level of inputs a firm employs

Q165: Variable cost divided by the quantity of

Q166: Use the following to answer question: <img

Q167: An input whose quantity CANNOT be changed

Q168: Use the following to answer question: <img