Question: If producing more output increases average cost then _____. Group of answer choices a. there are economies of scope b. there are diseconomies of scope

If producing more output increases average cost then _____.

Group of answer choices

a. there are economies of scope

b. there are diseconomies of scope

c. there are diseconomies of scale

d. there are no economies of scale

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Savings that come from producing two (or more) outputs at less cost than producing each output individually is known as _________________________ Group of answer choices diseconomies of scale...

Q:

Which of the following refers to an FI's ability to generate cost synergies by producing more than one output with the same inputs? Group of answer choices Break - even point. Economies of scale....

Q:

When industrial unions negotiate with an entire industry, wage gains come at the cost of _____ Group of answer choices longer working hours. worse products. labor mobility. worse working conditions....

Q:

Cycle inventory exists because producing or purchasing in large lots allows a stage of the supply chain to _______ Group of answer choices A. exploit economies of scale and lower cost. B. exploit...

Q:

Question 1 2pts As production increases, Group of answer choices average fixed cost will fall. average fixed cost will increase. average fixed cost will stay constant. Flag this Question Question 2...

Q:

1 2 pts As production increases, Group of answer choices average fixed cost will fall. average fixed cost will increase. average fixed cost will stay constant. Flag this Question Question 2 2 pts If...

Q:

1. Consider the vectors below for a constant input, capital (K), and a variable input, labor (L). K L 3 5 3 6 3 7 3 8 3 9 3 10 3 11 3 12 3 13 3 14 3 15 3 16 3 17 3 18 3 19 3 20 The production...

Q:

How to do problem 1-8? thank you Microeconomics: Sample Exam 2 Important Note: Completing this Sample Exam 2 by yourself is necessary but not sufficient: all course material after Exam 1 should be...

Q:

Question 1 2.5pts A person is in consumer equilibrium, and then the price rises for one of the goods she purchases. If she wants to restore herself to consumer equilibrium, she will (most likely)...

Q:

Please answer these all questions Question 1 Technical efficiency: Group of answer choices Requires getting maximum output from the resources used in production. Requires covering the opportunity...

Q:

Find the least common denominator of 7 4x+9 and 2 x

Q:

A plane flies horizontally at an altitude of 5 km and passes directly over a tracking telescope on the ground. When the angle of elevation is /3, this angle is decreasing at a rate of /6 rad/min. How...

Q:

The process of breaking labor tasks down into several steps

Q:

The Becker Milk Company Limited, a real estate and investment management company, reports the following information in its financial statements for the years ended April 30, 2014, 2013, and 2102:...

Q:

On January 1, 2017, Nicks Corporation issued $250 million of floating-rate debt. The debt carries a contractual interest rate of "LIBOR plus 5.5%," which is reset annually on January 1of each year....

Q:

Sauer Co. closes its books monthly. On June 30, selected ledger account balances are: Notes Receivable ........$47,000 Interest Receivable ........ 285 Notes Receivable include the following. During...

Q:

A block is acted on by a force that varies as (2.0 104 N/m) x for 0 x 0.21 m, and then remains constant at 4200 N for larger x. How much work does the force do on the block in moving it (a) From x...

Q:

Information taken from a Sears, Roebuck and Company annual report follows. Required 1. How much interest expense did the company record during Year 2 on the 7% debentures? How much of the original...

Q:

Prepare a product-by-value analysis for the following products, and given the position in its life cycle, identify the issues likely to confront the operations manager, and his or her possible...

Q:

3. In what way can preconceptions affect what we perceive in new situations?

Q:

7. List examples from your everyday situation where using the CI strategy could have provided a better solution in a communication situation than the solutions you chose.

Q:

6. What is meant by: accessibility carries greater weight than relevance?