As Output Increases,economies of Scale Occur When the

question 263

Multiple Choice

As output increases,economies of scale occur when the

• A) long-run average cost increases.
• B) long-run average cost decreases.
• C) short-run average total cost decreases.
• D) long-run average cost stays constant.
• E) long-run fixed cost decreases.

---

Definitions:

Organizational Structure

A system used to define a hierarchy within an organization, determining how roles, responsibilities, and authority are distributed.

Specific Tasks

Particular duties or responsibilities assigned to an individual or team within an organization.

Differentiation

The process of distinguishing a product, service, or business in the market by creating unique features or establishing a distinct identity.

Integration

The process of combining or coordinating separate elements or parts into a unified whole.