Asap pls Question 13A firm suffers from diseconomies of scale when it increases output. Which oneof the following is the most likely consequence of this?ABCDThe firm must increase prices to surviveBarriers to entry in the industry will riseTotal production costs will fallThe firm will reduce output

Diseconomies of scale refers to what is happening in economics when a business expands its…

Question 13 A firm suffers from diseconomies of scale when it increases output. Which one of the following is the most likely consequence of this? A The firm must increase prices to survive B Barriers to entry in the industry will rise C Total production costs will fall

Question 13 A firm suffers from diseconomies of scale when it increases output. Which one of the following is the most likely consequence of this? A The firm must increase prices to survive B Barriers to entry in the industry will rise C Total production costs will fall

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...

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