When a firm is on the portion of its long-run ATC curve that slopes upward, it is experiencing:
A) economies of scale.
B) diseconomies of scale.
C) constant returns to scale.
D) All of these are possible.
Correct Answer:
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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
Q145: In the long run, when an increase
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
Q151: Economies of scale occur when:
A)an increase in
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