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Figure 11-8 Consider the Average Cost Curve Shown in Figure 11-8, for Figure

Question 182

Multiple Choice

Figure 11-8
Figure 11-8 Consider the average cost curve shown in Figure 11-8, for the production of cleaning. If the firm serves the entire market and sells Q<sub>1</sub> units. Based upon this information, the firm is experiencing A) constant returns to scale . B) increasing returns to scale. C) decreasing returns to scale. D) externalities.
Consider the average cost curve shown in Figure 11-8, for the production of cleaning. If the firm serves the entire market and sells Q1 units. Based upon this information, the firm is experiencing


A) constant returns to scale .
B) increasing returns to scale.
C) decreasing returns to scale.
D) externalities.

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