Refer to the information provided in Figure 3.10 below to answer the following question(s). Figure 3.10Refer to Figure 3.10. A decrease in the wage rate of pizza makers will cause a movement from Point B on supply curve S2 to

A firm increases both its plant and its labor force by the same percentage and its average total costs remain unchanged. Is the firm experiencing increasing returns to scale, constant returns to scale, or decreasing returns to scale?

What will be an ideal response?

The additional output a firm produces by hiring one more worker is called the marginal product of labor

Indicate whether the statement is true or false