Table 13-15
Consider the following table of long-run total cost for four different firms:

-Refer to Table 13-13.Which firm has constant returns to scale over the entire range of output?
A) Firm 1
B) Firm 2
C) Firm 3
D) Firm 4

Question

Table 13-15
Consider the following table of long-run total cost for four different firms:
 
-Refer to Table 13-13.Which firm has constant returns to scale over the entire range of output?
A) Firm 1 
B) Firm 2 
C) Firm 3 
D) Firm 4

Quizplus · Accepted Answer

The Answer of Table 13-15
Consider the following table of long-run total cost for four different firms:
 
-Refer to Table 13-13.Which firm has constant returns to scale over the entire range of output?
A) Firm 1 
B) Firm 2 
C) Firm 3 
D) Firm 4

Table 13-15 Consider the Following Table of Long-Run Total Cost for Four