constant returns to scale occur when the firm's long-run question 5 options: 1) average total costs are constant as output increases. 2) total costs are constant as output increases. 3) average cost curve is falling as output increases. 4) average cost curve is rising as output increases.

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01-12-2022
Business

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constant returns to scale occur when the firm's long-run question 5 options: 1) average total costs are constant as output increases. 2) total costs are constant as output increases. 3) average cost curve is falling as output increases. 4) average cost curve is rising as output increases.

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