When There Are Diseconomies of Scale in Production, _____

question 14

Multiple Choice

When there are diseconomies of scale in production, _____.

• A)long-run average total cost declines as output expands
• B)long-run average total cost increases as output expands
• C)marginal cost decreases as output expands
• D)marginal cost decreases as output expands.
• E)social marginal cost declines as the level of output increases

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Definitions:

Preschool Children

Young children in the age group of 2 to 5 years who are in the stage before they start kindergarten or primary school.

Moral Reasoning

The process of determining right and wrong in situations, guided by moral principles, ethics, and personal beliefs.

Greater Curiosity

Indicates a heightened state of interest or desire to learn and explore information, subjects, or activities beyond one's current knowledge or experience.

Self-Reliance

Self-reliance is the ability of an individual to depend on their own capabilities, resources, and judgments.