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Author Question: A firm is operating at a scale where diseconomies of scale are present. Which of the following could ... (Read 83 times)

drink

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on: Jun 30, 2018
A firm is operating at a scale where diseconomies of scale are present. Which of the following could help explain what that means?
 a. The firm is operating at a scale where the average total cost of production is falling as output expands.
  b. The firm is operating at a scale where total fixed costs are not minimized.
 c. The firm is operating at a scale where average total cost is constant as output expands.
 d. The firm has grown so large that average total cost increases as output expands.

Question 2

The U.S. bond rating was devalued from AAA to AA+ in 2011 due to the rise in government debt.
 a. True
  b. False
  Indicate whether the statement is true or false


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Viet Thy

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

True


drink

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

tkempin

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Reply 3 on: Yesterday
:D TYSM

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