Solution-Increasing or decreasing or constant returns to

Increasing or decreasing or constant returns to scale

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Reference no: EM131284352

The following table provides the long-run total cost for three different organizations:

Quantity	Organization I	Organization II	Organization III
10	150	100	190
20	240	240	320
30	300	420	450
40	400	640	600
50	500	900	900
60	600	1200	1200
70	700	1680	1540

For each organization, explain whether (or over what range) it experiences increasing or decreasing or constant returns to scale.

Reference no: EM131284352

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Increasing or decreasing or constant returns to scale

Reference no: EM131284352

Reference no: EM131284352

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