Diseconomies of scale stem primarily from the difficulties in managing and coordinating a large-scale business enterprise.
Correct Answer:
Verified
Q8: Minimum efficient scale varies by industry.
Q9: Economic profits are usually larger than accounting
Q10: The short run is a period of
Q11: The real opportunity cost of producing product
Q12: A firm's economic profit is usually higher
Q14: The law of diminishing returns explains why
Q15: Variable costs are costs that change directly
Q16: Normal profit is an implicit cost.
Q17: The law of diminishing returns explains diseconomies
Q18: Average fixed costs diminish continuously as output
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