A Firm's Production Process Shows Constant Returns to Scale

question 79

Multiple Choice

A firm's production process shows constant returns to scale.It can produce 5,000 widgets at a total cost of $2,500 and 10,000 widgets at an average cost of

• A)$10,000.
• B)$5,000.
• C)$2,000.
• D)$0.50.

---

Definitions:

Slide Sorter

A view in presentation software that displays thumbnails of slides, allowing for easy organization and navigation.

Aesthetically Pleasing

Describes something that is visually appealing or attractive according to an individual's sense of beauty.

Unified

Unified indicates the process of making or becoming united, cohesive or integrated, often used in contexts involving systems, software, or methodologies.

Regrouped Object

The action or process of organizing objects or elements together again in a different or unified arrangement.