When Long-Run Average Cost Increases as Output Increases There Are

question 63

Multiple Choice

When long-run average cost increases as output increases there are

• A) economies of scale.
• B) diseconomies of scale.
• C) constant returns to scale.
• D) none of the above.

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Definitions:

Federal Court

Courts established by the federal government to deal with issues concerning the Constitution, federal laws, and disputes between states or involving foreign governments.

Removal

refers to the legal act of transferring a case from one court to another, often from a state court to a federal court, based on criteria such as jurisdiction or the parties involved.

Writ of Execution

A court order authorizing the enforcement of a judgment, typically involving the seizure of assets belonging to a judgment debtor.

Federal Court

A court established by the authority of a federal government that deals with problems between states, the constitution, and laws made by Congress, as opposed to state courts.