When long-run average cost remains constant as output increases there are?

Question

Possible Answers:
-constant diseconomies of scale.
-constant marginal returns.
-constant economies of scale.
-constant returns to scale.

Answer 1

Constant economies of scale. Look in your text book. Hopefully it has an index on 'economies of scale' or 'scale economies'. If not try the web. This is a core concept, and once you get it really simple, but is almost certain to appear on an exam. If your textbook doesn't help, try searching for 'scale economy' on the net.

Answer 2

provided that parts produced are increasing Collective determination might look extra the made from individual call for curves representing individual elasticities aggregated to a marketplace reaction to costs and parts presented