When External Diseconomies of Scale Occur, as Compared to the Original

question 114

Multiple Choice

When external diseconomies of scale occur, as compared to the original equilibrium, an increase in market demand causes

• A)price to increase more in the long run than in the short run.
• B)industry output to increase more in the short run than in the long run.
• C)industry output to rise and then fall.
• D)price to fall in the long run.
• E)price to increase less in the long run than in the short run.

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Definitions:

Distribution of Data

Refers to the way numerical data is spread out across different values or ranges.

Real Upper Limits

Typically refers to the actual upper bounds of data ranges in statistical analysis, though it's not a widely standardized term.

Variable

A variable is any characteristic, number, or quantity that can be measured or counted. Variables may vary among individuals, conditions, or over time.

Particular Interval

A specific span or range of values within which an observed or computed data point is known or expected to lie.