In the Long Run,decreasing Returns to Scale Are Likely to Be

question 3

Multiple Choice

In the long run,decreasing returns to scale are likely to be caused by

• A)diseconomies of scale associated with management problems.
• B)a decrease in factor prices.
• C)increasing specialization of labour.
• D)diminishing returns to the variable factor.
• E)decreasing costs.

---

Definitions:

Findings

The outcomes, results, or conclusions reached through research, experimentation, or analysis in various fields of study.

Inferential Statistics

A branch of statistics that allows one to make predictions or inferences about a population based on a sample of data drawn from that population.

Statistics

The branch of mathematics dealing with data collection, analysis, interpretation, and presentation.

Correlated

A statistical relationship indicating that two variables move in relation to each other, either positively or negatively.