menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Economics Study Set 12
  4. Exam
    Exam 8: Costs and the Changes at Firms Over Time
  5. Question
    Economies of Scale Are the Same as
Solved

Economies of Scale Are the Same as

Question 160

Question 160

Multiple Choice

Economies of scale are the same as


A) decreasing returns to scale.
B) increasing returns to scale.
C) constant returns to scale.
D) diminishing marginal returns.
E) increasing marginal product of labor.

Correct Answer:

verifed

Verified

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

Related Questions

Q155: Explain why average cost is not necessarily

Q156: The distance between the average total cost

Q157: Economies of scope occur when<br>A)two firms producing

Q158: Fixed costs do not exist in the

Q159: Exhibit 8-9 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6906/.jpg" alt="Exhibit 8-9

Q161: Exhibit 8-8 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6906/.jpg" alt="Exhibit 8-8

Q162: We are looking at a graph with

Q163: The slope of an isocost line is

Q164: When more capital is used in production,<br>A)the

Q165: Average product<br>A)is a standard unit of measure

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines