ATC, ATC, ATC3 -LRATC Output (Q) The diagram above shows the long-run ATC curve for a firm with: Select one: a. diseconomies of scale. b. decreasing returns to scale. c. economies of scale. d. constant returns to scale. $$
ATC, ATC, ATC3 -LRATC Output (Q) The diagram above shows the long-run ATC curve for a firm with: Select one: a. diseconomies of scale. b. decreasing returns to scale. c. economies of scale. d. constant returns to scale. $$
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
![30
i of
ATC,
ATC2
ATC3
-LRATC
Output (Q)
The diagram above shows the long-run ATC curve for a firm with:
Select one:
a.
diseconomies of scale.
b. decreasing returns to scale.
С.
economies of scale.
d. constant returns to scale.
$$](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0ab994c8-cff9-4fe5-97d8-93d0776b49d9%2Fe623e455-48c6-45fd-8cf5-3de34a4d3834%2Fgnupidg_processed.png&w=3840&q=75)
Transcribed Image Text:30
i of
ATC,
ATC2
ATC3
-LRATC
Output (Q)
The diagram above shows the long-run ATC curve for a firm with:
Select one:
a.
diseconomies of scale.
b. decreasing returns to scale.
С.
economies of scale.
d. constant returns to scale.
$$
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