When ________ scale of production leads to ________ average costs, an industry exhibits increasing returns to scale.
A) decreased; lower
B) decreased; higher
C) increased; higher
D) decreased; unchanging

Question

Quizplus · Accepted Answer

The Answer of When ________ scale of production leads to ________ average costs, an industry exhibits increasing returns to scale.
A) decreased; lower
B) decreased; higher
C) increased; higher
D) decreased; unchanging

When ________ Scale of Production Leads to ________ Average Costs

When Scale of Production Leads to Average Costs