In the Long Run Firm a Incurs Total Costs of $1,200

question 368

Multiple Choice

In the long run Firm A incurs total costs of $1,200 when output is 30 units and $1,650 when output is 40 units.Firm A exhibits

• A) diseconomies of scale because total cost is rising as output rises.
• B) diseconomies of scale because average total cost is rising as output rises.
• C) economies of scale because total cost is rising as output rises.
• D) economies of scale because average total cost is falling as output rises.

---

Definitions:

Targeted Advertising

A marketing strategy that directs advertisements to a specific audience based on collected data and analytics about their preferences, behaviors, and demographics.

Sophisticated Analytics

Advanced techniques and technologies used to examine data or content to discover deeper insights, make predictions, or generate recommendations.

Evidence-Based Management

Translating principles based on the best scientific evidence into organizational practices. Making decisions through the conscientious, explicit, and judicious use of the best available evidence from multiple sources.

Conscientious

Characterized by a high level of care, diligence, and a desire to do a task well, often associated with a strong sense of duty and responsibility.