This topic contains a solution. Click here to go to the answer

Author Question: When an increase in the scale of production leads to higher average costs, the industry exhibits (Read 61 times)

Alainaaa8

  • Hero Member
  • *****
  • Posts: 576

Question 1

For economies of scale, a(n) ________ in a firm's scale of production leads to ________ average total cost.


◦ increase; lower
◦ increase; higher
◦ decrease; lower
◦ decrease; no change in

Question 2

When an increase in the scale of production leads to higher average costs, the industry exhibits


◦ diminishing returns.
◦ increasing returns to scale.
◦ decreasing returns to scale.
◦ constant returns to scale.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Alainaaa8 on Apr 19, 2019

JaynaD87

  • Sr. Member
  • ****
  • Posts: 368
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




Alainaaa8

  • Member
  • Posts: 576
Reply 2 on: Apr 19, 2019
Wow, this really help


brbarasa

  • Member
  • Posts: 308
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

For a complete list of videos, visit our video library