In the long run, when an increase in the quantity of output increases average total cost, a firm experiences:
A) economies of scale.
B) diseconomies of scale.
C) constant economies to scale.
D) minimum average total cost.
Correct Answer:
Verified
Q140: A sandwich shop has six months left
Q141: Diseconomies of scale occur when:
A)an increase in
Q142: When a firm can achieve economies of
Q143: A long-run ATC curve shows:
A)the minimum average
Q144: In the long run, when average total
Q146: When a firm is on the portion
Q147: In the short run:
A)a firm cannot increase
Q148: Which of the following could be true
Q149: To determine whether a firm is experiencing
Q150: Constant returns to scale occur when:
A)an increase
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