What output levels do constant returns to scale occur

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Reference no: EM13980755

Part I. Consider the values in the following table for the Winsome Widget Factory. Winsome Widget Factory Output Long Run Average Total Cost 0 ------------------ 5 170 10 110 15 85 20 83 25 78 30 75 35 75 40 80 45 82 50 97

a. Over what output levels do economics of scale occur? Explain.

b. Over what output levels do constant returns to scale occur? Explain.

c. Over what output levels do diseconomies of scale occur? Explain.

Reference no: EM13980755

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