-The Above Figure Shows the Isoquants for Producing Steel

question 61

Multiple Choice

-The above figure shows the isoquants for producing steel.Decreasing returns to scale are

• A) present when producing more than 10,000 tons.
• B) present when producing more than 20,000 tons.
• C) present when producing more than 30,000 tons.
• D) never present.

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