中等ECON-PRDC-007

A logistics company in Hong Kong experiences constant returns to scale in the long run. Its long-run average cost (LRAC) curve is:

A. Upward-sloping
B. Downward-sloping
C. Horizontal✓ 答案
D. U-shaped

解說

Constant returns to scale means doubling all inputs doubles output, so average cost remains constant at all output levels — a horizontal LRAC.

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