In the Long Run,if 1,000 Units Are Produced at a Cost

question 100

Multiple Choice

In the long run,if 1,000 units are produced at a cost of $8,000 and 1,200 units at a cost of $9,200,then over this range of output there are

• A) constant economies of scale.
• B) constant returns to scale.
• C) diseconomies of scale.
• D) economies of scale.
• E) constant diseconomies of scale.

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IBM

International Business Machines Corporation, a worldwide tech firm renowned for its production of computer hardware, software, and provision of IT services.

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