In the Long Run,constant Returns to Scale Necessarily Occur When

question 240

Multiple Choice

In the long run,constant returns to scale necessarily occur when the firm increases its production and the firm's

• A) total cost increases.
• B) total cost does not change.
• C) average total cost increases .
• D) average total cost does not change.
• E) production increases by more than does the firm's total cost.

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Definitions:

Reaction

A chemical operation involving the conversion of reactants into a set of different substances recognized as products.

Syndiotactic Polystyrene

A type of polystyrene where the phenyl groups are positioned at alternating sides of the polymer chain, providing unique properties like higher crystallinity.

Polymer Backbone

The continuous chain of carbon atoms in a polymer, to which other atoms or chains are attached.

Isotactic

pertaining to polymers where all substituent groups are oriented on the same side of the polymer chain, giving specific physical properties.