Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter7: Production And Cost In The Firm
Section: Chapter Questions
Problem 16QFR
Related questions
Question
A3
![What causes the long run costs to be U
shaped
a.
Economies and Diseconomies of Scope
b.
Returns to Factor
C.
Economies and Diseconomies of Scale
d.
Learning Curve phenomenon](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fdce856f3-9cd5-4e0f-8977-861bf1b9bed7%2F0615832d-1690-4a73-87bd-0da805830ba5%2Foydfo7o_processed.jpeg&w=3840&q=75)
Transcribed Image Text:What causes the long run costs to be U
shaped
a.
Economies and Diseconomies of Scope
b.
Returns to Factor
C.
Economies and Diseconomies of Scale
d.
Learning Curve phenomenon
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