A situation known as _____________________ occurs when all production inputs are allowed to expand, but that expansion does not

Question

eimsori [14]

3 years ago

14

A situation known as _____________________ occurs when all production inputs are allowed to expand, but that expansion does not

result in much of a change in the average cost of production

Business

1 answer:

Andreas93 [3] · Answer 1 · 2022-03-05T07:33:36+03:00

Andreas93 [3]3 years ago

3 0

A situation known as <span><span>constant returns to scale</span> occurs when all production inputs are allowed to expand, but that expansion does not result in much of a change in the average cost of production</span>