The upward-sloping portion of the short-run average total cost curve is caused by:
A) indivisible setup costs.
B) diseconomies of scale.
C) the absence of fixed inputs.
D) the presence of fixed inputs.

Question

Quizplus · Accepted Answer

The Answer of The upward-sloping portion of the short-run average total cost curve is caused by:
A) indivisible setup costs.
B) diseconomies of scale.
C) the absence of fixed inputs.
D) the presence of fixed inputs.

The Upward-Sloping Portion of the Short-Run Average Total Cost Curve