Hello,

Can someone please help me with this multiple choice economics question?

Question 3 Which of the following statements about production technologies is incorrect? Not val 53"\" A. Economies of scale implyr that the marginal cost of production decreases as output increases. Ma rked out at 1.00 B. Increasing returns to scale implies that the average cost of production decreases as output increases. is Flag C. Large scale production is advantageous to the firm if the production technology exhibits economies of scale or increasing returns to scale. question D. Large scale production is advantageous to the firm if the production technology exhibits either economies of scale or diseconomies of scale. Select one: 0 a. A, C, D Ob. so Oc. A Od. A,C Oe. A,D