Which of these conclusions can be reached regarding the firm's - ProProfs
     

Which of these conclusions can be reached regarding the firm's returns to scale? A firm's short-run average cost curve is Ushaped.



A. The firm experiences increasing, constant, and decreasing returns to scale in that order.
B. The firm experiences first decreasing, then increasing returns to scale.
C. The short-run average cost curve reveals nothing regarding returns to scale.
D. The firm experiences decreasing returns to scale.
E. The firm experiences increasing returns to scale.

This question is part of Chapter 7: Microeconomics

+ AnswerRequest Answer
...

1 Answer

John Smith

John Smith

Answered on Mar 18, 2017

C. The short-run average cost curve reveals nothing regarding returns to scale.
  Reply

Search for Google images
Select a recommended image
Upload from your computer
Search for Google images
Select a recommended image
Upload from your computer
Search for Google images
Select a recommended image
Upload from your computer

Email Sent
We have sent an email to your address "" with instructions to reset your password.