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Author Question: A firm that has increasing returns to scale in the long run does not experience diminishing marginal ... (Read 62 times)

sdfghj

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on: Apr 19, 2019

Question 1

A firm's long-run average cost curve represents the minimum cost of producing each level of output when the scale of production can be adjusted.


◦ true
◦ false

Question 2

A firm that has increasing returns to scale in the long run does not experience diminishing marginal returns in the short run.


◦ true
◦ false
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by sdfghj on Apr 19, 2019

meryzewe

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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sdfghj

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

lcapri7

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Reply 3 on: Yesterday
Wow, this really help

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