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

Author Question: A firm decreases its scale of operation and discovers that its long-run average costs decrease. ... (Read 94 times)

Lobcity

  • Hero Member
  • *****
  • Posts: 524
on: May 24, 2019
A firm decreases its scale of operation and discovers that its long-run average costs decrease. Which of the following does this indicate?
◦ Labor's marginal product has increased.
◦ Diseconomies of scale were absent in the larger plant.
◦ The firm's scale initially was so large that it experienced diseconomies of scale.
◦ The firm's scale initially was too small to experience economies of scale.
◦ Its long-run marginal cost was smaller with the larger plant than with the smaller plant.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Lobcity on May 24, 2019

mirabriestensky

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: May 24, 2019
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 25% of students answer this correctly


Lobcity

  • Hero Member
  • *****
  • Posts: 524
Reply #2 on: May 24, 2019
Excellent


mirabriestensky

  • Sr. Member
  • ****
  • Posts: 325
Reply #3 on: May 24, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

A 19-foot-long blue whale skull in the collections of the Smithsonian Museum of Natural History A 19-foot-long blue whale skull in the collections of the Smithsonian Museum of Natural History
Greenstick Only one side of the shaft is broken, and the other is bent (like a greenstick); usually Greenstick Only one side of the shaft is broken, and the other is bent (like a greenstick); usually
pH scale pH scale
The Role of Summation in Long-Term Potentiation The Role of Summation in Long-Term Potentiation
Loyola Generativity Scale Loyola Generativity Scale
The Geologic Time Scale The Geologic Time Scale
Video: Activation Energy - Valence Electrons

For a complete list of videos, visit our video library