Multiple Choice
Use the figure below to answer the following question.
Figure 11.4.3
-Refer to Figure 11.4.3 which shows a firm's long-run average total cost curve.An increase in production from Q1 to Q2 sweaters per day produces
A) the minimum efficient scale.
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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