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Author Question: When the firm increases output and the costs rise proportionately, then the long-run average cost ... (Read 92 times)

rachel9

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on: Jul 20, 2019
When the firm increases output and the costs rise proportionately, then the long-run average cost curve is ________ and the firm is experiencing ________.
◦ downward sloping; constant returns to scale
◦ downward sloping; economies of scale
◦ horizontal; constant returns to scale
◦ upward sloping; diseconomies of scale
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by rachel9 on Jul 20, 2019

jonathanballen97

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Reply #1 on: Jul 20, 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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rachel9

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Reply 2 on: Jul 20, 2019
:D TYSM

yeungji

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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