Constant returns to scale indicate that a firm is experiencing:
a. per unit costs of production that are decreasing as the scale of output expands.
b. per unit costs of production that remain stable as the scale of output expands.
c. per unit costs of production that are increasing as the scale of output expands
d. an increasing marginal product.
b
Economics
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Pollution is a negative externality, but it is not appropriate to view the problem of pollution as a common-resource problem
a. True b. False Indicate whether the statement is true or false
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