Multiple Choice
_____ occur when long-run average total cost does not change as output increases.
A) Constant returns to scale
B) Economies of scale
C) Diseconomies of scale
D) Minimum efficient scales
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q37: Doreen's expenses for her landscaping business included
Q38: Because of increasing marginal costs, the _
Q39: _ is the point at which businesses
Q40: (Figure: Costs) In the figure, what is
Q41: _ profit is total revenue minus accounting
Q43: Ted's firm, Cleaning Way, produces laundry detergent.
Q44: _ occurs when long-run average total cost
Q45: Brittany is considering opening a clothing store.
Q46: (Figure: Costs) In the figure, which represents
Q47: _ is responsible for the upward slope