Multiple Choice
Use the figure below to answer the following questions.
Figure 11.4.4
-Refer to Figure 11.4.4,which illustrates the long-run average total cost curve.Which one of the following statements is false?
A) Economies of scale exist between 0 and Q0 units of output.
B) Diseconomies of scale exist between 0 and Q1 units of output.
C) Constant returns to scale exist between Q1 and Q2 units of output.
D) Diseconomies of scale exist at quantities greater than Q2 units of output.
E) Constant returns to scale exist between Q0 and Q1 units of output.
Correct Answer:

Verified
Correct Answer:
Verified
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