If a Firm Enlarges Its Factory Size and Realizes Higher

question 52

Multiple Choice

If a firm enlarges its factory size and realizes higher average costs of production then

• A) it has experienced economies of scale.
• B) it has experienced diseconomies of scale.
• C) it has experienced constant returns to scale.
• D) the long-run average cost curve slopes downward.
• E) the long-run average cost curve shifts upward.

Improve listening and comprehension skills in a learning environment.

Identify and implement strategies for retaining information and knowledge.

Develop skills for effective study group participation.

Understand the importance of reviewing and summarizing notes.

---

Definitions:

Color-Blind Framework

An ideological perspective that promotes the treatment of all individuals equally, without regard to race, ethnicity, or culture.

Everyday Racism

The routine, often unnoticed or normalized, forms of racism that pervade daily life and interactions in society.

Color-Blindness

An ideology that suggests racial differences do not matter and should not be taken into account, often criticized for ignoring systemic inequalities and racism.

Cosmopolitanism

An ideology that all human beings belong to a single community, based on a shared morality, regardless of geographic, political, or cultural boundaries.