True/False
Economies of scale are also called increasing returns to scale.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q71: A firm's budget line shows a given
Q72: Which of the following is correct?<br>A)AC =
Q73: Figure 7-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 7-2
Q74: If a single large firm is able
Q75: Most firms have very little flexibility in
Q77: Figure 7-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 7-2
Q78: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt=" -Table 7-2 contains
Q79: A firm's production process shows constant returns
Q80: Which of the following experiments will yield
Q81: A firm practices input substitution when it<br>A)retrains