subject
Mathematics, 25.03.2020 21:38 alyssarene16

What is the difference between economies of scale and returns to scale? A. Economies of scale define how cost changes with output, and returns to scale define how output changes with input usage. B. Economies of scale are present when the long-run average cost curve is increasingincreasing, and returns to scale are present when the long-run average cost curve is decreasingdecreasing. C. Economies of scale define how cost changes with output in the shortshort run, and returns to scale define how cost changes with output in the longlong run. D. Economies of scale define whether joint output of a single firm is greater than output that could be achieved by two different firms when each produces a single product, and returns to scale define how output changes with input usage for a single firm. E. Economies of scale are present when the expansion path is a straight line, and returns to scale are present when the expansion path is not a straight line

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 13:30
Which equation represents a proportional relationship that has a constant of proportionality equal to 1/5
Answers: 1
question
Mathematics, 21.06.2019 18:00
What expression is equivalent to 42x-56y
Answers: 1
question
Mathematics, 21.06.2019 19:00
What is the volume of a cone with a height of 6 cm in the radius of 2 cm
Answers: 1
question
Mathematics, 21.06.2019 20:00
For what type of equity loan are you lent a lump sum, which is to be paid within a certain period of time? a. a line of credit b. equity c. a second mortgage d. an amortization
Answers: 3
You know the right answer?
What is the difference between economies of scale and returns to scale? A. Economies of scale define...
Questions
question
English, 28.07.2019 08:30
question
Mathematics, 28.07.2019 08:30