If There Are Diseconomies of Scale Within a Given Range

question 30

Multiple Choice

If there are diseconomies of scale within a given range of output,which of following is (are) TRUE?

• A) The short-run average cost curve must be upward sloping within that range of output.
• B) The long-run average cost curve must be upward sloping within that range of output.
• C) Long-run average cost must equal short-run average cost.
• D) All of the above.

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Definitions:

Perceptual World

The perceptual world refers to an individual's subjective interpretation and understanding of the external environment through sensory input.

Motivational States

Psychological conditions that drive individuals to act towards a goal or fulfil a need.

Hypothalamus

A region of the brain below the thalamus that coordinates both the autonomic nervous system and the activity of the pituitary, controlling body temperature, thirst, hunger, and other homeostatic systems.

Motor Movements

Actions resulting from the contraction of muscles, leading to movements of parts of the body.