When diseconomies of scale occur: Multiple Choice C marginal cost intersects average total cost. the long-run average total cost curve rises. average fixed costs will rise. the long-run average total cost curve falls.
When diseconomies of scale occur: Multiple Choice C marginal cost intersects average total cost. the long-run average total cost curve rises. average fixed costs will rise. the long-run average total cost curve falls.
Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter7: Economies Of Scale And Scope
Section: Chapter Questions
Problem 11MC
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