Solved

Which of the Following Situations Does a Firm Have When

Question 141

Multiple Choice
Which of the following situations does a firm have when long-run average total cost decreases as the quantity of output increases A)economies of scale B)diseconomies of scale C)coordination problems arising from the large size of the firm D)fixed costs greatly exceeding variable costs

Which of the following situations does a firm have when long-run average total cost decreases as the quantity of output increases


A) economies of scale
B) diseconomies of scale
C) coordination problems arising from the large size of the firm
D) fixed costs greatly exceeding variable costs

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q136: What happens when a business is operating

Q137: At Bert's Bootery,the total cost of producing

Q138: Harry's Hotdogs is a small street vendor

Q139: In the long run,what happens to inputs
A)Inputs

Q140: Table 13-3 Table 13-3 </p></div><svg width=

Q142: Figure 13-5
This figure depicts average total cost

Q143: Figure 13-6
Figure 13-6 </p></div><svg width=

Q144: When does specialization among workers occur
A)when each

Q145: Figure 13-6
Figure 13-6 </p></div><svg width=

Q146: When do economies of scale arise
A)when an

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents