Solved

What Is Meant by Diseconomies of Scale

Question 76

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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions