Suppose a firm is producing in the long run. When it produces 2,000 units of output, its total cost is $4,000. When it produces 2,300 units of output, its total cost is $4,100, and when it produces 2,600 units of output, its total cost is $4,200. This firm is experiencing (constant, decreasing, increasing, increasing then decreasing, decreasing then increasing) returns to scale.?
Answers: 3
Another question on Business
Business, 21.06.2019 19:50
The u.s. stock market has returned an average of about 9% per year since 1900. this return works out to a real return (i.e., adjusted for inflation) of approximately 6% per year. if you invest $100,000 and you earn 6% a year on it, how much real purchasing power will you have in 30 years?
Answers: 2
Business, 22.06.2019 01:20
Cindy recently played in a softball game in which she misplayed a ground ball for an error. later, in the same game, she made a great catch on a very difficult play. according to the self-serving bias, she would attribute her error to and her good catch to her
Answers: 1
Business, 22.06.2019 08:30
What is the equity method balance in the investment in lindman account at the end of 2018?
Answers: 2
You know the right answer?
Suppose a firm is producing in the long run. When it produces 2,000 units of output, its total cost...
Questions
Mathematics, 03.02.2020 09:04
History, 03.02.2020 09:05
History, 03.02.2020 09:05
Physics, 03.02.2020 09:05
English, 03.02.2020 09:05
