This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If a firm experiencing economies of scale decreases its output, its long-run average cost will ... (Read 117 times)

torybrooks

  • Hero Member
  • *****
  • Posts: 500
on: Jun 30, 2018
If a firm experiencing economies of scale decreases its output, its long-run average cost will decrease.
 a. True
  b. False

Question 2

If a firm is producing at its minimum efficient scale, increasing its output slightly will lead to diseconomies of scale.
 a. True
  b. False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

paavo

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


torybrooks

  • Member
  • Posts: 500
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

kishoreddi

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Recombinants are meiotic output different from meiotic input Recombinants are meiotic output different from meiotic input
Decibel Scale of Frequently Heard Sounds Decibel Scale of Frequently Heard Sounds
Types of Long-Term Memories Types of Long-Term Memories
A horizontal, 2.00 m long, 3.00 kg uniform beam that lies along the east-west di A horizontal, 2.00 m long, 3.00 kg uniform beam that lies along the east-west di
Calculator Output Calculator Output
Cast of a Fossil Dunkleosteus, with a human to illustrate scale Cast of a Fossil Dunkleosteus, with a human to illustrate scale
Video: Rh blood type and complications during pregnancy & Fertilization

For a complete list of videos, visit our video library