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:

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Sociocultural Approach

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