Question: QUESTION 1 5 - 1 POINT A firm doubles its output but its costs per unit of output remain at $ 1 1 2 .
QUESTION POINT
A firm doubles its output but its costs per unit of output remain at $ The firm's production process exhibits
Select the correct answer below:
constant returns to scale.
diseconomies of scale.
fixed costs.
economies of scale.
QUESTION POINT
A firm doubles its output but its costs per unit of output remain at $ The firm's production process exhibits
Select the correct answer below:
constant returns to scale.
diseconomies of scale.
fixed costs.
economies of scale.
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