Author Question: The above figure shows the isoquants for producing steel. Increasing returns to scale are (Read 637 times)

brutforce · **Reply #10 on:** Jun 18, 2019

The above figure shows the isoquants for producing steel. When producing more than 20,000 tons there are
◦ decreasing returns to scale.
◦ economies of scale.
◦ constant returns to scale.
◦ increasing returns to scale.

ryansturges · **Reply #11 on:** Jun 18, 2019

decreasing returns to scale.

lak · **Reply #12 on:** Jun 18, 2019

The above figure shows the isoquants for producing steel. When producing less than 10,000 tons there are
◦ diseconomies of scale.
◦ decreasing returns to scale.
◦ increasing returns to scale.
◦ constant returns to scale.

skipfourms123 · **Reply #13 on:** Jun 18, 2019

increasing returns to scale.

lak · **Reply #14 on:** Jun 18, 2019

TY

skipfourms123 · **Reply #15 on:** Jun 18, 2019

You're welcome

leilurhhh · **Reply #16 on:** Jun 18, 2019

The above figure shows the isoquants for producing steel. When producing between 10,000 and 20,000 tons there are
◦ constant returns to scale.
◦ decreasing returns to scale.
◦ increasing returns to scale.
◦ economies of scale.

nguyenhoanhat · **Reply #17 on:** Jun 18, 2019

constant returns to scale.

Author Question: The above figure shows the isoquants for producing steel. Increasing returns to scale are (Read 637 times)

brutforce

The above figure shows the isoquants for producing steel. When producing more than 20,000 tons there are

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