An increase in output would result in no change in long-run average costs when there are
A) economies of scale.
B) diseconomies to scale.
C) constant returns to scale.
D) diminishing marginal product.
Correct Answer:
Verified
Q342: Diseconomies of scale occur
A) only in the
Q343: The law of diminishing marginal product
A) holds
Q344: An increase in long-run average costs resulting
Q345: If a firm is experiencing diseconomies of
Q346: A decrease in long-run average costs resulting
Q348: A horizontal long-run average cost curve indicates
A)
Q349: Graphically, diseconomies to scale are illustrated by
A)
Q350: Which of the following is NOT a
Q351: Constant returns to scale are illustrated by
A)
Q352: When increasing its output results in falling
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