If Production Displays Diseconomies of Scale, the Long-Run Average Cost

question 149

Multiple Choice

If production displays diseconomies of scale, the long-run average cost curve is

• A)above the short-run average total cost curve.
• B)above the long-run marginal cost curve.
• C)upward sloping.
• D)downward sloping.

---

Definitions:

Ancestors

Individuals or entities from whom one is descended, often referring to more remote generations in the context of family lineage or evolutionary history.

Colonized

The process by which one organism inhabits, takes over, or establishes control over a new area, often referring to organisms spreading into new habitats.

Neurotransmitters

Chemicals that transmit signals across a synapse from one neuron to another neuron, muscle, or gland cell.

Dopamine

A neurotransmitter in the brain that plays key roles in reward, motivation, memory, attention, and even regulating body movements.