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question 169

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Use the following to answer question: Use the following to answer question:   -(Figure: Long-Run Average Cost) Use Figure: Long-Run Average Cost.This firm has _____ in the output region from B to C. A) constant returns to scale B) decreasing returns to scale C) increasing returns to scale D) falling marginal cost
-(Figure: Long-Run Average Cost) Use Figure: Long-Run Average Cost.This firm has _____ in the output region from B to C.


Definitions:

Yards

A unit of measurement equal to 3 feet or 0.9144 meters.

Feet

A unit of linear measurement equal to 12 inches or 0.3048 meters, used primarily in the United States for measuring height or distances.

Yards

A unit of length equal to 3 feet or 0.9144 meters, often used in measuring distances.

Foot

A unit of measurement equal to 12 inches or 0.3048 meters.

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