If a firm's long-run average cost curve is rising, it is experiencing:
A) a constant return to scale.
B) economies of scale.
C) diseconomies of scale.
D) none of these.
Correct Answer:
Verified
Q110: Economies of scale are created by greater
Q187: In the long run, a firm might
Q188: Diseconomies of scale exist over the range
Q189: Which of the following is not a
Q190: The decreasing portion of a firm's long
Q191: Exhibit 7-14 Cost curves Q193: Economies of scale imply that within some Q194: Economies of scale can be caused by Q196: Exhibit 7-14 Cost curves Q197: Constant returns to scale exist over the![]()
![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents