In the Short Run, a Firm Will Eventually Experience Rising

question 164

Multiple Choice

In the short run, a firm will eventually experience rising per-unit costs because of

• A) economies of scale.
• B) diseconomies of scale.
• C) the law of supply.
• D) the law of diminishing returns.

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Definitions:

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A child who resides in an urban area, experiencing lifestyle and environmental factors distinct from those living in rural settings.

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The influence that culture has on the way individuals perceive, behave, and understand their social environment.