Diseconomies of Scale Are Pictured on a Graph by the Upward-Sloping

question 99

Multiple Choice

Diseconomies of scale are pictured on a graph by the upward-sloping portion of the

• A)marginal product curve
• B)short-run marginal cost curve
• C)long-run marginal cost curve
• D)short-run average cost curve
• E)long-run average cost curve

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Definitions:

Final Score

The concluding or ultimate numerical value indicating the result of an examination, game, or evaluation.

Factor Analysis

A statistical method used to describe variability among observed, correlated variables in terms of potentially lower number of unobserved variables, called factors.

Variables

Elements, features, or factors that are liable to vary or change.

Correlations

Statistical measures that describe the extent to which two variables change together, but not necessarily indicating that one causes the other.