Constant returns to scale are associated with
Constant returns to scale are associated with a:
1-downward-sloping long-run average cost curve.
2-horizontal short-run average cost curve.
3-downward-sloping short-run average cost curve.
4-horizontal long-run average cost curve.
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constant returns to scale are associated with a1-downward-sloping long-run average cost curve2-horizontal short-run
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