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6 Oct 2020
Diseconomies of scale mean that:
a. a firm's long-run average total cost curve is declining.
b. a firm's long-run average total cost curve is rising.
c. the advantages of specialization are being more fully realized.
d. a given increase in inputs results in a more-than-proportionate increase in output.
Diseconomies of scale mean that:
a. a firm's long-run average total cost curve is declining.
b. a firm's long-run average total cost curve is rising.
c. the advantages of specialization are being more fully realized.
d. a given increase in inputs results in a more-than-proportionate increase in output.
Sonia DhawanLv10
24 Nov 2020