Diseconomies of Scale Refer to the Range of Output Over

question 43

Multiple Choice

Diseconomies of scale refer to the range of output over which

• A)long-run average cost rises as output increases.
• B)average cost exceeds marginal cost.
• C)long-run average cost falls as output increases.
• D)the marginal product of labour increases.
• E)marginal product equals average product.

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Definitions:

Cent

A form of money present in multiple countries, representing one one-hundredth of a decimal currency such as the dollar or euro.

Accurate

The quality of being correct in all details; exactness.

Cent

A monetary unit in various countries, equal to one-hundredth of a basic unit of currency.

Cent

A cent is a monetary unit in many countries, representing one hundredth of the base unit, such as a dollar.