Author Question: Diseconomies of scale are present when the long run average total cost of production declines as ... (Read 120 times)

vicotolentino · **on:** Jun 30, 2018

Diseconomies of scale are present when the long run average total cost of production declines as output expands
a. True
b. False
Indicate whether the statement is true or false

Question 2

Which of the following statements about employer prejudice is true?
a. It would be impossible for employer prejudice to exist in a firm that sells its output in a competitive market unless all rivals also discriminate.
b. Economic theory tells us that it would be impossible for employer prejudice to exist in a firm that is a monopoly.
c. Employer prejudice will help a monopolist to increase his profits by satisfying his managers personal prejudices.
d. Legislation has ended employer prejudice in the United States.
e. Employer prejudice occurs only in low-paying jobs.