-The position of these five curves in relation to one another reflects:
A)the law of opportunity costs
B)increasing and decreasing returns to scale
C)the effect of fixed costs upon AC as output increases
D)the law of constant costs
E)the law of demand

Question

-The position of these five curves in relation to one another reflects:
A)the law of opportunity costs 
B)increasing and decreasing returns to scale 
C)the effect of fixed costs upon AC as output increases 
D)the law of constant costs 
E)the law of demand

Quizplus · Accepted Answer

The Answer of 
-The position of these five curves in relation to one another reflects:
A)the law of opportunity costs 
B)increasing and decreasing returns to scale 
C)the effect of fixed costs upon AC as output increases 
D)the law of constant costs 
E)the law of demand

-The Position of These Five Curves in Relation to One