The above figure shows the isoquants for producing steel. Increasing returns to scale are

The above figure shows the isoquants for producing steel. Increasing returns to scale are



A) present when producing less than 10,000 tons.
B) present when producing less than 20,000 tons.
C) present when producing less than 30,000 tons.
D) never present.


Answer: present when producing less than 10,000 tons.


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