Question
1- When an increase in plant size shifts the ATC curve down and to the right, we know production involves: A. Constant Economies of Scale.
1- When an increase in plant size shifts the ATC curve down and to the right, we know production involves:
A. Constant Economies of Scale.
B. Economies of Scale.
C. Dis-economies of Scale.
D. none of the above
2- When an increase in plant size shifts the ATC curve up and to the right we know production involves:
A. Constant Economies of Scale.
B. Economies of Scale.
C. Dis-economies of Scale.
D. None of the above.
3- When an increase in plant size causes ATC to shift horizontally to the right, we know production involves:
A. Constant Economies of Scale.
B. Economies of Scale
C. Dis-economies of Scale.
D. Not enough information.
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