Micro Economics For Today
10th Edition
ISBN: 9781337613064
Author: Tucker, Irvin B.
Publisher: Cengage,
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Question
Chapter 7, Problem 16SQ
To determine
The diseconomies of scale to the firm.
Expert Solution & Answer
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Students have asked these similar questions
Diseconomies of scale exist over the range of output for which the long-run average cost curve is
a. constant.
b. falling.
c. rising.
d. none of the above.
If producing more output increases average cost then
a)there are diseconomies of scale.
b)there are economies of scope.
c)there are no economies of scale.
d)there are diseconomies of scope.
Refer to the above diagram. Diseconomies of scale?
Chapter 7 Solutions
Micro Economics For Today
Ch. 7.5 - Prob. 1YTECh. 7 - Prob. 1SQPCh. 7 - Prob. 2SQPCh. 7 - Prob. 3SQPCh. 7 - Prob. 4SQPCh. 7 - Prob. 5SQPCh. 7 - Prob. 6SQPCh. 7 - Prob. 7SQPCh. 7 - Prob. 8SQPCh. 7 - Prob. 9SQP
Ch. 7 - Prob. 10SQPCh. 7 - Prob. 11SQPCh. 7 - Prob. 1SQCh. 7 - Prob. 2SQCh. 7 - Prob. 3SQCh. 7 - Prob. 4SQCh. 7 - Prob. 5SQCh. 7 - Prob. 6SQCh. 7 - Prob. 7SQCh. 7 - Prob. 8SQCh. 7 - Prob. 9SQCh. 7 - Prob. 10SQCh. 7 - Prob. 11SQCh. 7 - Prob. 12SQCh. 7 - Prob. 13SQCh. 7 - Prob. 14SQCh. 7 - Prob. 15SQCh. 7 - Prob. 16SQCh. 7 - Prob. 17SQCh. 7 - Prob. 18SQCh. 7 - Prob. 19SQCh. 7 - Prob. 20SQCh. 7 - Prob. 21SQCh. 7 - Prob. 22SQCh. 7 - Prob. 23SQCh. 7 - Prob. 24SQCh. 7 - Prob. 25SQ
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Similar questions
- What shape of a long-run average cost curve illustrates economies of scale, constant returns to scale, and diseconomies of scale?arrow_forwardQUESTION ONE 1.1 Discuss the relationship between the three short-run total cost curves. Use adiagram to motivate your answer.1.2 Explain the three categories of returns to scale relating to the long-run averagecost curve.arrow_forwardThe downward-sloping segment of the long-run average cost curve corresponds to * diseconomies of scale. both economies and diseconomies of scale. economies of scale the decrease in average variable costs.arrow_forward
- The upward sloping portion of a long-run average cost curve illustrates diseconomies of scale. constant returns to scale. O diminishing marginal returns.arrow_forwardIf there are diseconomies of scale within a given range of output, which of following is(are) TRUE? A.Long-run average cost must equal short-run average cost. B.The long-run average cost curve must be upward sloping within that range of output. C.The short-run average cost curve must be upward sloping within that range of output. D. All of the above.arrow_forwardIn the long run, if 1,000 units are produced at a cost of $8,000 and 1,200 units at a cost of $9,200, then in this output range there are Select one: a. economies of scale b. increasing marginal returns c. diminishing marginal returns d. decreasing marginal costs e. diseconomies of scalearrow_forward
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