When Long-Run Average Costs Increase as Output Increases, There Are

question 280

Multiple Choice

When long-run average costs increase as output increases, there are

• A) economies of scale.
• B) diseconomies of scale.
• C) constant returns to scale.
• D) constant marginal costs.

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Definitions:

Dividends Paid

The total amount of dividend payments made by a corporation to its shareholders over a specified period, usually quarterly or annually.

Growth Rate

The rate at which a company's earnings or capital is expected to grow, usually annually, influencing investment decisions.

Dividends

Monies disbursed by a business to its owners, often coming from the profit the company makes.

Costs

The monetary valuation of effort, material, resources, time, and opportunity foregone in production and delivery of a good or service.