Diseconomies of Scale Refers to Returns That Occur in the Long

question 88

Multiple Choice

Diseconomies of scale refers to returns that occur in the long run when:

• A)an increase in the quantity of output decreases average total cost.
• B)an increase in the quantity of output increases average total cost.
• C)average total cost does not depend on the quantity of output.
• D)None of these is true.

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Definitions:

Artificial Intelligence

The simulation of human intelligence processes by machines, especially computer systems, enabling them to perform tasks that typically require human intelligence.

Watson

Watson is IBM's artificial intelligence platform that combines data analysis and intuitive reasoning capabilities, often used in solving complex problems across various industries.

Supply Chain

The entire process of producing and delivering a product or service, from the supplier of raw materials to the end consumer.

Supply Chain

The network of all individuals, organizations, resources, activities, and technology involved in the creation and sale of a product, from the delivery of source materials from the supplier to the manufacturer, right through to its eventual delivery to the end user.