When a Firm Is Experiencing Diseconomies of Scale, Long-Run

question 40

Multiple Choice

When a firm is experiencing diseconomies of scale, long-run

• A)average total cost is minimized.
• B)average total cost is greater than long-run marginal cost.
• C)average total cost is less than long-run marginal cost.
• D)marginal cost is minimized.

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Definitions:

Resistance Movement

A coordinated action by a segment of a country's civilian population aimed at opposing the officially recognized government or an occupying force, while aiming to disturb the peace and stability of the society.

Intercolonial Congress

A meeting or assembly between colonies, especially concerning early American history, focused on collaboration and addressing common issues.

Coercive Acts

A series of British laws passed in 1774 aimed at punishing the Massachusetts colonists for the Boston Tea Party.

Quebec Acts

Legislative acts of the British Parliament in 1774 intended to provide a framework for the governance of the Quebec Province, including religious freedom for Catholics and restoration of French civil law.