This topic contains a solution. Click here to go to the answer
« previous next »
Pages: 1 2  All   Go Down

Author Question: The above figure shows the isoquants for producing steel. Increasing returns to scale are (Read 628 times)

ashley

  • Hero Member
  • *****
  • Posts: 584
on: Jun 18, 2019


The above figure shows the isoquants for producing steel. Increasing returns to scale are
◦ present when producing less than 10,000 tons.
◦ present when producing less than 20,000 tons.
◦ present when producing less than 30,000 tons.
◦ never present.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ashley on Jun 18, 2019

nital

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jun 18, 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.
Answer Preview
Only 29% of students answer this correctly


ashley

  • Hero Member
  • *****
  • Posts: 584
Reply #2 on: Jun 18, 2019
Thank you!


nital

  • Sr. Member
  • ****
  • Posts: 320
Reply #3 on: Jun 18, 2019
Always glad to help...


sarasara

  • Hero Member
  • *****
  • Posts: 521
Reply #4 on: Jun 18, 2019


The above figure shows the isoquants for producing steel. Decreasing returns to scale are
◦ present when producing more than 10,000 tons.
◦ present when producing more than 20,000 tons.
◦ present when producing more than 30,000 tons.
◦ never present.


nixon_s

  • Sr. Member
  • ****
  • Posts: 359
Reply #5 on: Jun 18, 2019
present when producing more than 20,000 tons.


plus1

  • Hero Member
  • *****
  • Posts: 676
Reply #6 on: Jun 18, 2019


The above figure shows the isoquants for producing steel. Constant returns to scale are
◦ present when producing less than 10,000 tons.
◦ present when producing between 10,000 and 20,000 tons.
◦ present when producing more than 20,000 tons.
◦ never present.


aliotak

  • Sr. Member
  • ****
  • Posts: 326
Reply #7 on: Jun 18, 2019
present when producing between 10,000 and 20,000 tons.


plus1

  • Hero Member
  • *****
  • Posts: 676
Reply #8 on: Jun 18, 2019
Thank you!


aliotak

  • Sr. Member
  • ****
  • Posts: 326
Reply #9 on: Jun 18, 2019
Always glad to help...


Pages: 1 2  All   Go Up
« previous next »
 

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Lewis symbols,(Figure 1) Lewis symbols,(Figure 1)
Figure-8s at the knuckles of the hand. Figure-8s at the knuckles of the hand.
Glasgow Coma Scale (2 of 2) Glasgow Coma Scale (2 of 2)
Figure 2.15.jpg Figure 2.15.jpg
The Geologic Time Scale The Geologic Time Scale
Producing human insulin in E. coli Producing human insulin in E. coli
Video: Cardiac Cycle (Part 4 of 4)

For a complete list of videos, visit our video library