73. What can cause decreasing returns to scale? communication problems bureaucratic red tape possibility that decisions will not be coordinated
73. What can cause decreasing returns to scale? communication problems bureaucratic red tape possibility that decisions will not be coordinated
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter7: Production, Costs, And Industry Structure
Section: Chapter Questions
Problem 40P: Return to Figure 7.7. What is the marginal gain in output from increasing the number of batters from...
Related questions
Question
Choose the correct answer for each question.
![73. What can cause decreasing returns to
scale?
O communication problems
bureaucratic red tape
possibility that decisions will not
be coordinated
all options
81. If a firm is operating efficiently, how
can it reduce cost in the short run?
O downsizing
consider sunk cost
lean manufacturing
input price decrease
99. Graphically, per unit profit is the
distance between:
price and AVC
O AR and AFC
MR and ATC
none of the above](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fdf9c5ec6-ed04-42e9-8e73-0ed561bf0c61%2F7b8b9ef0-5497-42e8-85ac-f2d0220040f6%2Fzf4pjhc_processed.jpeg&w=3840&q=75)
Transcribed Image Text:73. What can cause decreasing returns to
scale?
O communication problems
bureaucratic red tape
possibility that decisions will not
be coordinated
all options
81. If a firm is operating efficiently, how
can it reduce cost in the short run?
O downsizing
consider sunk cost
lean manufacturing
input price decrease
99. Graphically, per unit profit is the
distance between:
price and AVC
O AR and AFC
MR and ATC
none of the above
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
![Principles of Economics 2e](https://www.bartleby.com/isbn_cover_images/9781947172364/9781947172364_smallCoverImage.jpg)
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
![Principles of Economics 2e](https://www.bartleby.com/isbn_cover_images/9781947172364/9781947172364_smallCoverImage.jpg)
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax