Examlex
Which of the following is an example of nonprobabilistic sampling?
Diseconomies of Scale
Diseconomies of scale occur when a firm's costs per unit increase as the scale of its output increases, often due to inefficiencies that arise from managing a larger organization.
Average Fixed Costs
Costs that do not change with the level of output and are spread over the units of output, thus decreasing per unit as production increases.
Output Increases
Output increases refer to a situation where there is a rise in the quantity of goods or services produced by a company or within an economy.
Total Product
The total output or production achieved by a firm from a given amount of inputs.
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