Which of the Following Reflects Diseconomies of Scale

question 100

Multiple Choice

Which of the following reflects diseconomies of scale?

• A) Marginal product decreases as output increases.
• B) Short-run marginal cost increases as output increases.
• C) Long-run marginal cost increases as output increases.
• D) Short-run average cost increases as output increases.
• E) As output doubles, long-run total cost more than doubles.

Recognize the implications of social movements and relationship changes in late adulthood.

Identify the benefits of religious and active involvement for older adults.

Understand the dynamics of relationships in late adulthood, including marriage and family interactions.

Comprehend the psychological and physical impacts of widowhood.

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Definitions:

Economic Environment

The economic environment consists of all the external economic factors that influence buying habits, business operations, and growth prospects of entities.

Economic Profits

The discrepancy between total income and overall expenses, encompassing all direct and indirect costs.

Production Costs

The total expenses incurred in the manufacture of a product, including raw materials, labor, and overhead.

Economic Profits

The surplus left after deducting both explicit and implicit costs from total revenues.