Solved

Due to Extremely Large Fixed Costs, an Electricity Generating Plant

Question 51

Multiple Choice

Due to extremely large fixed costs, an electricity generating plant probably experiences which of the following returns to size?


A) diseconomies of scale
B) diminishing marginal product
C) constant returns to scale
D) economies of scale

Correct Answer:

verifed

Verified

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

Related Questions