Indicate whether you agree or disagree with the following statements. Briefly explain your answer.

Indicate whether you agree or disagree with the following statements. Briefly explain your answer.a. Increasing returns to scale refers to a situation where an increase in a firm's scale of production leads to higher costs per unit produced.b. Constant returns to scale refers to a situation where an increase in a firm's scale of production has no effect on costs per unit produced.c. Decreasing returns to scale refers to a situation where an increase in a firm's scale of production leads to lower costs per unit produced.