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Author Question: The above figure shows the isoquants for producing steel. Increasing returns to scale are (Read 534 times)

ashley

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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
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Marked as best answer by ashley on Jun 18, 2019

nital

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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.
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ashley

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Reply #2 on: Jun 18, 2019
Thank you!


nital

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Reply #3 on: Jun 18, 2019
Always glad to help...


sarasara

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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

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Reply #5 on: Jun 18, 2019
present when producing more than 20,000 tons.


plus1

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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

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Reply #7 on: Jun 18, 2019
present when producing between 10,000 and 20,000 tons.


plus1

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Reply #8 on: Jun 18, 2019
Thank you!


aliotak

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Reply #9 on: Jun 18, 2019
Always glad to help...


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