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Economics
About this Free Flashcard Deck
Last update by
jillianprice08
on 11/03/2009
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Economics
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Flashcard Deck Tags
Chapter 10
,
Economics
Flashcard Review
6
if per unit (average) costs do not ...
7
the U-shape of short-run average ...
8
the U-shape of the long run average ...
9
the envelope relationship show that at ...
10
At all other levels of output, ...
11
For a good to be supplied, the expected ...
12
some of the problems of using cost ...
13
constant returns to scale
14
diseconomies of scale
15
economies of scale
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Free Flashcard From Economics
Question:
if per unit (average) costs do not change, the firm is experiencing
Answer:
constant returns to scale