Which of the Following Statements Is Correct If the Appropriately

question 82

Multiple Choice

Which of the following statements is correct if the appropriately sized firm is one with a large output?

• A)Constant returns to scale must begin at low levels of output.
• B)Economies of scale must prevail until high levels of output are reached.
• C)Diseconomies of scale must begin at low levels of output.
• D)Constant returns to scale must be absent.

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Definitions:

Simp

A term used in internet slang to describe someone who performs excessive sympathy or attention towards another person, often without reciprocation.

Conj

Conj is an abbreviation often used for conjunction, a logical connective combining two or more propositions, events, or states.

Simp

Informal term often used derogatorily to describe someone who is overly submissive or attentive to someone else, often with no reciprocity.

Simp

A slang term often used derogatorily to describe someone who is perceived as overly subservient or attentive to someone they are attracted to, often without receiving any acknowledgment or reciprocation.