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Home Q & A Board Other Fields Homework Help Business Economics
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stars_and_moon stars_and_moon
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Posts: 3218
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8 years ago
If the long-run average cost drops as the firm proportionally expands it use of all its inputs, the firm has
A) constant returns to scale.
B) efficiencies of scale.
C) economies of scale.
D) diseconomies of scale.
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kingbykingby
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#1
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8 years ago
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#2
8 years ago
Incredible!
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#3
8 years ago
I instantly knew the answer when I read the question, happy to help
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