Diseconomies of Scale Occur When

question 590

Multiple Choice

Diseconomies of scale occur when

• A)average fixed costs are falling.
• B)average fixed costs are constant.
• C)long-run average total costs rise as output increases.
• D)long-run average total costs fall as output increases.

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Definitions:

Correlation

A statistical measure that indicates the extent to which two or more variables fluctuate together, showing the strength and direction of a relationship.

+.86

This could represent a statistical value, such as a correlation coefficient, indicating a strong positive relationship between two variables.

Discriminant Validity

A measure of the extent to which a construct is truly distinct from other constructs by demonstrating low correlations with measures of unrelated constructs.

Depression

A psychiatric condition marked by a constant state of low mood or a lack of enjoyment in activities, which considerably disrupts daily functioning.