Multiple Choice
A firm that is able to use its inputs more efficiently as it increases production in the long run best demonstrates:
A) economies of scale.
B) diseconomies of scale.
C) labor-intensive production.
D) capital-intensive production.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q65: When a firm adds physical capital,in the
Q97: If your firm is operating in the
Q293: With one input fixed,a firm will find
Q342: Use the following to answer questions:<br>Figure: A
Q343: The short-run average total cost curve is
Q344: Lauren has 11 people working in her
Q345: Use the following to answer questions: <img
Q347: Use the following to answer questions: <img
Q348: Think about running a restaurant. Probably:<br>A) cooks
Q349: Use the following to answer questions: <img