Question 19

Long run cost is U-shaped because of the operation of

  • A.economies of scale on the left hand side and diseconomies of scale on the right hand side
  • B.diseconomies of scale on the left and right hand sides
  • C.economies of scale on the left and right hand sides
  • D.constant return to scale
  • E.diseconomies of scale of the left hand side and economies of scale of the right hand side
Objective

Question details

Exam body
UI
Subject
Economics
Year
2019/2020
Question no.
#19
Type
Objective

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