Multiple Choice
What are diseconomies of scope?
A) the cost of producing two products jointly by one firm is more than the cost of producing them separately
B) the cost of producing two products jointly by one firm is lesser than the cost of producing them separately
C) the cost of producing two products jointly by one firm is equal to the cost of producing them separately
D) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q6: You would expect that your firm is
Q7: If marginal costs rises above average costs,average
Q8: When a firm is experiencing increasing marginal
Q9: The ability to lower the average costs
Q10: Diminishing marginal productivity can occur due to
Q12: Average costs curves rise with production <br>A)Due
Q13: Average costs<br>A)fall at all levels of output<br>B)are
Q14: The ability to lower the average costs
Q15: All the factors below are causes of
Q16: Which of these statements are FALSE<br>A)If production