Flashcard sets with a 'constant returns to scale' term meaning 'the situation when a firm's long-run average cost remains unchanged as it increases output.'

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1-1 of 1Flashcard sets with a 'constant returns to scale' term meaning 'the situation when a firm's long-run average cost remains unchanged as it increases output.'
# Title Terms Date
1Micreconomics chapter 10 w/ appendixby cactus27 termsNovember 5, 2008
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