If a Firm Increases Its Output in the ________ and Unit

question 61

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

---

Definitions:

Macro-Level

Describes processes or systems that operate on a large scale, often at a societal or global level, affecting groups or entire populations.

Economic Forces

Factors such as supply and demand, inflation, unemployment, and policies that influence the health and direction of an economy.

Marriages

A legally and socially sanctioned union between individuals that establishes rights and obligations between them.

Types Of Marriages

Various forms of marital unions recognized by different societies, including monogamy, polygamy, group marriage, and civil unions.