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Author Question: A firm is experiencing ________ on the upward sloping portion of a firm's long run average cost curve. (Read 116 times)

NguyenJ

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Question 1

A firm is experiencing ________ on the downward sloping portion of a firm's long run average cost curve.


◦ increasing returns to scale
◦ constant returns to scale
◦ decreasing returns to scale
◦ diminishing marginal returns

Question 2

A firm is experiencing ________ on the upward sloping portion of a firm's long run average cost curve.


◦ increasing returns to scale
◦ constant returns to scale
◦ decreasing returns to scale
◦ diminishing marginal returns


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Marked as best answer by NguyenJ on Apr 19, 2019

Pariscourtney

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