Diseconomies of Scale

question 57

Multiple Choice

Diseconomies of scale

• A)exist when fixed cost increases as output increases.
• B)exist when long-run average cost increases as output increases.
• C)result eventually as the firm uses more and more labor with a fixed capital stock.
• D)both a and b
• E)all of the above

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Definitions:

Situational Leadership

A leadership theory proposing that the most effective leaders adjust their leadership style according to the situation and the maturity of the individuals they are leading.

Leadership Style

Represents the approach and manner in which a leader directs, motivates, and manages their team or organization.

Effective Performance

The level of success or proficiency with which an individual or group executes tasks or goals.

Consult Team

A group of experts or professionals brought together to provide advice or expertise on specific projects or problems.