All of these are true,except
A) If production exhibits diseconomies of scope,firm should pair down production line to reduce costs.
B) If production exhibits diseconomies of scope,firm should pair up production line to reduce costs.
C) If production exhibits economies of scope,firm should pair up production line to reduce costs.
D) If production exhibits economies of scope,firm should pair down production line to increase costs.
Correct Answer:
Verified
Q11: Marginal productivity is
A)The total output associated with
Q21: It costs a firm $80 per unit
Q22: It costs a firm $80 per unit
Q23: If average product is decreasing,then marginal product
A)Must
Q24: When a firm's marginal productivity of an
Q25: Average costs curves later rise
A)Due to declining
Q27: Decreasing returns to scale and diminishing returns
Q29: Average costs curves initially fall
A)Due to declining
Q30: Once marginal cost rises above the average
Q31: When a firm is experiencing increasing marginal
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