Use the following to answer question(s): Long-Run Average Cost

-(Exhibit: Long-Run Average Cost) Output per period in the region A to B indicates that a firm is experiencing:
A) constant returns to scale.
B) economies of scale.
C) diseconomies of scale.
D) constant total cost as output increases.

Question

Use the following to answer question(s): Long-Run Average Cost
 
-(Exhibit: Long-Run Average Cost) Output per period in the region A to B indicates that a firm is experiencing:
A) constant returns to scale. 
B) economies of scale. 
C) diseconomies of scale. 
D) constant total cost as output increases.

Quizplus · Accepted Answer

The Answer of Use the following to answer question(s): Long-Run Average Cost
 
-(Exhibit: Long-Run Average Cost) Output per period in the region A to B indicates that a firm is experiencing:
A) constant returns to scale. 
B) economies of scale. 
C) diseconomies of scale. 
D) constant total cost as output increases.

Use the Following to Answer Question(s): Long-Run Average Cost