When there are diseconomies of scale in production: a. long-run ...

[schs14]

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. average fixed cost increases as output expands.
 d. marginal cost decreases as output expands.

Question 2

When the interest rate on alternative investments rise, it becomes costly for the bondholders to retain their bonds with them.
 a. True
  b. False
  Indicate whether the statement is true or false

[fdliggud]

Answer to Question 1

b

Answer to Question 2

True

[schs14]

YES! Correct, THANKS for helping me on my review

[billybob123]

Thanks for the timely response, appreciate it