Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Diseconomies of scale can occur when Select one: a.capital becomes more productive than labor. b.labor is being constrained by the fixed amount of capital. c.it

Diseconomies of scale can occur when

Select one:

a.capital becomes more productive than labor.

b.labor is being constrained by the fixed amount of capital.

c.it becomes expensive and difficult for a firm to effectively manage a large amount of labor and capital.

d.output per worker exceeds the amount of output per capital.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Using Excel For Principles Of Econometrics

Authors: R Carter Hill, Genevieve Briand

4th Edition

1118032101, 9781118032107

More Books

Students also viewed these Economics questions