the long-run average total cost of producing 100 units of output is $4, while the long-run average cost of producing 110 units of output is $4. these numbers suggest that the firm producing this output is experiencing:



Answer :

The long-run average total cost of producing 100 units of output is $4, while the long-run average cost of producing 110 units of output is $4. these numbers suggest that the firm producing this output is experiencing constant returns to scale.

A manufacturer is someone who creates and elements items or offerings. producers integrate labor and capital—known as thing inputs—to create—this is, to output—something else. business companies are the principle examples of producers and are usually what economists have in mind while speaking about producers.

Production is the process of making or production items and merchandise from raw materials or components. In other phrases, production takes inputs and uses them to create an output this is healthy for consumption – an awesome or product that has value to an end-person or client.

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