Answered step by step
Verified Expert Solution
Question
...
1 Approved Answer
One possible factor that may give rise to increasing returns to scale is: A. it is impossible to vary the quantity used in the long
One possible factor that may give rise to increasing returns to scale is:
A.
it is impossible to vary the quantity used in the long run.
B.
it is too costly to vary the quantity used in the short run.
C.
the quantity used is fixed in the long run but varies in the short run
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started