Diseconomies of Scale Occur When High Levels of Output Are

question 37

True/False

Diseconomies of scale occur when high levels of output are produced in a short period of time.

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Definitions:

Largest Net Recipient

A term typically used in finance and trade, referring to the entity or country that receives more resources, money, or benefits than it provides or contributes.

China

China is a country in East Asia, known for being the world's most populous country and having one of the oldest civilizations. It has a mixed socialist market economy and is a major player in global affairs.

Trickle-Down Theory

The assertion that stimulating overall economic growth will ultimately help the poor.

Economic Growth

An increase in the production of economic goods and services, compared from one period of time to another, and often measured by GDP (Gross Domestic Product).