Multiple Choice
Use the figure below to answer the following question. Figure 10.4.3
-Refer to Figure 10.4.3 which shows a firm's long-run average total cost curve.When production increases from Q1 to Q2 sweaters per day,the firm experiences
A) a decrease in fixed costs.
B) economies of scale.
C) diseconomies of scale.
D) constant total costs.
E) constant returns to scale.
Correct Answer:

Verified
Correct Answer:
Verified
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