In the long run Firm A incurs total costs of $1,050 when output is 30 units...
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In the long run Firm A incurs total costs of $1,050 when output is 30 units and $1500 when output is 40 units. Firm A exhibits. a. diseconomies of scale because the total cost is rising as output rises. b. diseconomies of scale because the average total cost is rising as output rises. c. economies of scale because the total cost is rising as output rises. d. economies of scale because the average total cost is falling as output rise In the long run Firm A incurs total costs of $1,050 when output is 30 units and $1500 when output is 40 units. Firm A exhibits. a. diseconomies of scale because the total cost is rising as output rises. b. diseconomies of scale because the average total cost is rising as output rises. c. economies of scale because the total cost is rising as output rises. d. economies of scale because the average total cost is falling as output rise
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Question A Diseconomies of Scale because the Total Cost is Rising as Output Rises The long run cost of firm A rises as output increases indicating diseconomies of scale Diseconomies of scale arise whe... View the full answer
Related Book For
Macroeconomics Principles, Applications, and Tools
ISBN: 978-0132555234
7th Edition
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
Posted Date:
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