If a Firm Increases Its Output in the ________ and Unit

question 17

Multiple Choice

If a firm increases its output in the ________ and unit costs ________,then the firm is experiencing ________ of scale.

• A) long-run; decrease; economies
• B) short-run; decrease; economies
• C) long-run; decrease; diseconomies
• D) short-run; decrease; diseconomies
• E) long-run; increase; economies

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Definitions:

Dividends Received

Payments received by an investor or a company from owning shares in another company.

Corporation Owns

Assets or property held by a corporation, which can include cash, inventory, equipment, and real estate.

Premium Or Discount

Refers to the amount by which the selling or purchase price of a financial instrument differs from its face value.

Amortized

The process of gradually reducing the cost of an intangible asset through systematic charges to expense over its useful life.