Flashcard sets with a 'constant returns to scale' term meaning 'costs per unit of production are the same for any level of production. changes in plant size do not affect the firm's atc.'

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1-2 of 2Flashcard sets with a 'constant returns to scale' term meaning 'costs per unit of production are the same for any level of production. changes in plant size do not affect the firm's atc.'
# Title Terms Date
1M02-Micro/Reviewby lsturgis91 termsDecember 2, 2008
2C08-Costs of Productionby lsturgis27 termsDecember 1, 2008
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