Table 13-13
Listed in the Table Are the Long-Run Total

question 19

True/False

Table 13-13
Listed in the table are the long-run total costs for three different firms.
$$\begin{array} { | l | l | l | l | l | l | } \hline \text { uantity } & \mathbf { 2 } & \mathbf { 2 } & \mathbf { 3 } & \mathbf { 4 } & \mathbf { 5 } \\\hline \text { Firm A } & 100 & 100 & 100 & 100 & 100 \\\hline \text { Firm B } & 100 & 200 & 300 & 400 & 500 \\\hline \text { Firm C } & 100 & 300 & 600 & 1,000 & 1,500 \\\hline\end{array}$$
-Refer to Table 13-13. Firm C is experiencing diseconomies of scale.

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Definitions:

Complex Fraction

A fraction where the numerator, denominator, or both, contain a fraction themselves, essentially a "fraction within a fraction".

Simplify

The process of reducing an expression to its most basic form, making it easier to understand or solve.

Complex Fraction

A type of fraction in which either the top number, the bottom number, or both are fractions themselves.

Simplify

The process of reducing an expression or equation to its simplest form, by performing arithmetic operations and eliminating complex parts.