If a Firm Increases Its Output in the and Unit

question 28

Multiple Choice

If a firm increases its output in the and unit costs ,then the firm is experiencing of scale.

• A)short run; decrease; economies
• B)long run; decrease; economies
• C)short run; decrease; diseconomies
• D)long run; decrease; diseconomies
• E)long run; increase; economies

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Definitions:

Fragment

A smaller part or piece that has been broken off, separated, or incomplete from its original source.

Density

The density of a material is defined as its mass divided by its volume, typically expressed in grams per cubic centimeter or kilograms per cubic meter.

Volume

The quantity of three-dimensional space occupied by a liquid, solid, or gas.

Density

The mass per unit volume of a substance, indicating how compact the substance is.