If a Firm Gets So Large That Management of Employees

question 67

Multiple Choice

If a firm gets so large that management of employees and other resources becomes a costly problem, it will be experiencing

• A) diseconomies of scale.
• B) diminishing marginal product.
• C) constant returns to scale.
• D) economies of scale.

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Definitions:

Depositions

Testimonies given under oath by witnesses outside of court, recorded for later use in legal proceedings.

Under Oath

A legal condition where an individual affirms the truthfulness of their statements, subject to penalties for perjury.

Subpoena Duces Tecum

A Subpoena Duces Tecum is a legal order requiring a person to produce documents or records in a court of law.

Deponent

A party or witness who testifies under oath during a deposition.