A bus company employs two drivers and a bus to provide a bus route. What is the returns to scale of the company? A. Diminishing returns to scale B. a large returns to scale C. Decreasing returns to scale O D. Constant returns to scale E. increasing returns to scale

A bus company employs two drivers and a bus to provide a bus route. What is the returns to scale of the company? A. Diminishing returns to scale B. a large returns to scale C. Decreasing returns to scale O D. Constant returns to scale E. increasing returns to scale

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter7: Production, Costs, And Industry Structure

Section: Chapter Questions

Problem 28RQ: What shape of a long-run average cost curve illustrates economies of scale, constant returns to...

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A bus company employs two drivers and a bus to provide a bus route. What is the returns to scale of the company?
A. Diminishing returns to scale
B. a large returns to scale
C. Decreasing returns to scale
D. Constant returns to scale
E. increasing returns to scale
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