$18$

What can we say about Constant Returns To Scale?

Multiple Choice

This is the point where Marginal Cost $=$ Total Average Cost.

This is the point where you are minimizing the Marginal Cost Curve.

The firm is operating at the flat level at the bottom of the Long Run Average Total Cost Curve. Costs are not rising nor falling as they increase production.

This is the point where Average Product $=$ Marginal Product.