In the long run, a firm might experience rising per-unit costs due to
A) economies of scale.
B) diseconomies of scale.
C) the law of supply.
D) the law of diminishing marginal returns.
Correct Answer:
Verified
Q48: A downward-sloping portion of a long-run average
Q84: Which of the following would most likely
Q87: Which of the following would cause a
Q93: When would sunk costs be irrelevant for
Q98: When making choices, suppliers should not allow
Q100: An airline can increase its profit by
Q109: In the long run, firms in many
Q122: A large aircraft manufacturer, like Boeing, may
Q127: Al's Donuts produces about 600 dozen doughnuts
Q138: A car leasing company that expands its
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