Diseconomies of Scale Is

question 17

Multiple Choice

Diseconomies of scale is

• A) a short-run phenomenon.
• B) a long-run phenomenon.
• C) the result of decreasing marginal returns.
• D) possible only when the firm's plant size is fixed.
• E) the result of increasing marginal returns.

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Definitions:

Symbolic Ethnicity

A form of ethnicity where attachment to certain ethnic traits occurs in a symbolic or superficial manner without the deep cultural practices.

Viking Outfit

A costume or attire replicating the clothing worn by the Vikings, historically recognized people from Scandinavia during the Viking Age.

Institutional Racism

A form of racism expressed in the practice of social and political institutions, embedded in policies, laws, and practices that harm certain racial groups.

WASPs

An acronym for White Anglo-Saxon Protestants, a sociocultural group in the United States characterized by their historical wealth, social status, and influence.