If Your Firm Is Operating in the Negatively Sloped Portion

question 97

Multiple Choice

If your firm is operating in the negatively sloped portion of a long-run average total cost curve,then your production exhibits:

• A)higher wages.
• B)increasing returns to scale.
• C)decreasing returns to scale.
• D)increased input prices.

---

Definitions:

Interpersonal Dynamics

The underlying patterns and interactions between individuals in a social setting, influencing their behaviors and relationships.

Disequilibrium

A state of imbalance or lack of stability, often used in the context of economics, psychology, or physical systems.

Refreezing

The process of stabilizing a group or organization after a change has occurred, to ensure that the new changes are maintained over time.

Force Field

A concept in psychology and organizational change referring to the dynamic between forces driving change and forces resisting it, influencing the pace and direction of change.