Table 13-17 Consider the Following Table of Long-Run Total Cost for Four

question 191

Multiple Choice

Table 13-17
Consider the following table of long-run total cost for four different firms:
-Refer to Table 13-17. Which firm has constant returns to scale over the entire range of output?

• A)Firm 1
• B)Firm 2
• C)Firm 3
• D)Firm 4

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