This topic contains a solution. Click here to go to the answer

Author Question: A firm decreases its scale of operation and discovers that its long-run average costs decrease. ... (Read 71 times)

Lobcity

  • Hero Member
  • *****
  • Posts: 524
A firm decreases its scale of operation and discovers that its long-run average costs decrease. Which of the following does this indicate?
◦ Labor's marginal product has increased.
◦ Diseconomies of scale were absent in the larger plant.
◦ The firm's scale initially was so large that it experienced diseconomies of scale.
◦ The firm's scale initially was too small to experience economies of scale.
◦ Its long-run marginal cost was smaller with the larger plant than with the smaller plant.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Lobcity on May 24, 2019

mirabriestensky

  • Sr. Member
  • ****
  • Posts: 325
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly





 

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Your heart beats over 36 million times a year.

For a complete list of videos, visit our video library