When Input Prices Are Fixed,decreasing Returns to Scale Implies That

question 43

Multiple Choice

When input prices are fixed,decreasing returns to scale implies that the long-run average cost curve is

• A) downward sloping.
• B) horizontal.
• C) upward sloping.
• D) U-shaped.

---

Definitions:

Physical Appearance

The outward look or aspects of an individual or object, often the first noticeable thing in social interactions.

Eclectic

Incorporating ideas, styles, or concepts from a broad and diverse range of sources.

Psychological Theories

Systematic frameworks for understanding, predicting, and often altering human behavior and mental processes.

Therapeutic Methods

Techniques or strategies used in therapy to treat psychological disorders and improve mental health.