Multiple Choice
What is meant by diseconomies of scale?
A) A reduction in costs per unit due to increases in efficiency of production
B) The smallest level of output (unit volume) that a plant or firm can produce to minimize its long-run average costs
C) The average total cost of production decreases as a result of increasing the number of different goods produced
D) An increase in marginal cost when output is increased
Correct Answer:

Verified
Correct Answer:
Verified
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