Multiple Choice
In recent years, the number of farms has fallen while the average farm size has increased. What concept may explain this phenomenon?
A) diminishing marginal returns
B) declining productivity
C) diseconomies of scale
D) economies of scale
E) good weather in midwestern states
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q13: When would sunk costs be irrelevant for
Q14: The boss observes that her 10 workers
Q15: Bart operates a lemonade stand in front
Q16: If General Electric finds that when it
Q17: Concerning marital status and the earnings of
Q19: What amount must be earned to induce
Q20: You purchased an automobile two years ago
Q21: The law of diminishing marginal returns explains
Q22: The owners of a business<br>A) are paid
Q23: The short run is a time period