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 104 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
Thanks for the timely response, appreciate it

ricroger

  • Member
  • Posts: 352
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Recombinants are meiotic output different from meiotic input Recombinants are meiotic output different from meiotic input
A young Lipizzan at the Spanish Riding School in training equipment, wearing saddle, bridle and long A young Lipizzan at the Spanish Riding School in training equipment, wearing saddle, bridle and long
Long bones develop from several bony centers--one for the shaft and at least one for each end. The e Long bones develop from several bony centers--one for the shaft and at least one for each end. The e
Atmospheric pressure decreases with increase in altitude. Atmospheric pressure decreases with increase in altitude.
Clear the lower leg with long strokes. Start proximal to the ankle, and stroke to the knee and ... Clear the lower leg with long strokes. Start proximal to the ankle, and stroke to the knee and ...
Inferring Productivity from Data on Output and Factor Accumulation Inferring Productivity from Data on Output and Factor Accumulation
Video: Pneumonia Animation

For a complete list of videos, visit our video library