The portion of a long run average cost curve that is downward sloping is called the range of: Group of answer choices Economies of scale. Constant returns to scale. Diseconomies of scale. Unit returns to scale.
The portion of a long run average cost curve that is downward sloping is called the range of: Group of answer choices Economies of scale. Constant returns to scale. Diseconomies of scale. Unit returns to scale.
Chapter7: Proudction Costs
Section: Chapter Questions
Problem 15SQ
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The portion of a long run average cost curve that is downward sloping is called the range of:
Group of answer choices
Economies of scale.
Constant returns to scale.
Diseconomies of scale.
Unit returns to scale.
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