When a firm is on the portion of its long run ATC curve that slopes upward,it is experiencing:
A) diseconomies of scale.
B) economies of scale.
C) constant returns to scale.
D) Any of these is possible.
Correct Answer:
Verified
Q130: Economies of scale refers to returns that
Q131: The long run:
A)depends on the type of
Q132: Constant returns to scale refers to returns
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Q134: Returns that occur in the long run
Q135: Costs that are "fixed":
A) depend on what
Q136: When a firm is on the flat
Q137: The long-run relationship between the quantity of
Q139: Returns that occur in the long run
Q140: The short run:
A)is defined by the presence
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