A university that benefits from lower costs per enrolled student as it builds more buildings and enrolls more students is an example of a service provider with:
A) economies of scale.
B) diseconomies of scale.
C) increasing opportunity costs.
D) scale reduction.
Correct Answer:
Verified
Q194: When diseconomies of scale occur:
A)long-run average cost
Q195: Use the following to answer question:
Q196: The long-run average cost curve will be
Q197: When an increase in the firm's output
Q198: Use the following to answer question:
Q200: Use the following to answer question:
Q201: Use the following to answer question:
Q202: A firm that is able to use
Q203: If your firm is operating in the
Q204: The ![]()
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