If a firm increases its output in the ________ and unit costs ________, then the firm is experiencing ________ of scale.
A) short run; decrease; economies
B) long run; increase; diseconomies
C) short run; decrease; diseconomies
D) long run; increase; economies
E) long run; decrease; diseconomies
Correct Answer:
Verified
Q15: It is possible that trade based on
Q16: Monopolistic competition is associated with
A) product differentiation.
B)
Q17: Imperfectly competitive firms have a demand curve
Q18: An imperfectly competitive firm has the following
Q19: An imperfectly competitive firm has the following
Q21: If the market for products produced by
Q22: Q23: Imagine scale economies were not only external Q24: Intra-industry trade is most common in the Q25: ![]()
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