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Determine whether returns to scale
When a firms long run avg cost curve is horizontal for a range of output, then in that range production displays:
a) constant avg
1 answer
asked by
dav-0
922 views
Discuss the laws of variable proportions and returns to scale in relation to technology and cost curves of firms and explain the
1 answer
124 views
4. . Discuss the laws of variable proportions and returns to scale in relation to technology and cost curves of firms and
1 answer
asked by
bejuk
146 views
The firm's minimum efficient scale occurs
A. when diseconomies of scale are falling. O B. when constant returns to scale end and
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53 views
If a firm has a U-Shaped long-run average cost curve,
a.) its fixed cost rises as output rises. b.) it must have increasing
2 answers
asked by
Melissa
2,249 views
Meticulously difine the terms:
1. Aggregate demand 2. Aggregate supply 3. Economies of scale 3. Diseconomies of scale 4. Constant
1 answer
73 views
If a firm had everywhere increasing returns to scale, what would happen
to its profits if prices remained fixed and if it doubled
1 answer
asked by
Evaristi Paulo
174 views
If a firm had everywhere increasing returns to scale, what would happen to its profits if prices remained fixed and if it
1 answer
asked by
Evaristi Paulo
147 views
For a map intended to help determine exactly which communities lack clean air in a region, which scale of analysis would be most
1 answer
asked by
Blue Berry
200 views
For a map intended to help determine exactly which communities lack clean air in a region, which scale of analysis would be most
1 answer
asked by
steve
52 views