Question: Can you explain the answer to this question why it is correct? Question: The total cost of producing one unit is $50. The total cost

Can you explain the answer to this question why it is correct?

Question:

The total cost of producing one unit is $50. The total cost of producing two units is $75. At a production level of two

units, the cost function exhibits

Select one:

a. constant returns to scale

b. rising total costs

c. economies of scale - correct

d. increasing marginal costs

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