-Refer to the graph above to answer this question.Between what output levels do constant returns to scale exist? A)Q₁ and Q₂. B)Q₁ and Q₃. C)Q₁ and Q₄. D)Q₁ and Q₅. E)Q₄ and Q₅.

Question

Quizplus · Accepted Answer

Constant returns to scale occur when an increase in input leads to a proportional increase in output, which is typically represented by a straight, linear segment on a graph. Since the specific graph is not visible, the correct answer cannot be directly linked to the graph's features. However, the choice that suggests a specific range (E) implies a segment where output changes proportionally with input, fitting the definition of constant returns to scale.

-Refer to the Graph Above to Answer This Question