Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

When diseconomies of scale occur: a. marginal cost intersects average total cost. b. the long-run average total cost curve rises. c. average fixed costs will

When diseconomies of scale occur:
a.
marginal cost intersects average total cost.
b.
the long-run average total cost curve rises.
c.
average fixed costs will rise.
d.
the long-run average total cost curve falls.

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

Financial Management In The Public Sector Tools Applications And Cases

Authors: Xiaohu Wang

3rd Edition

0765636891, 9780765636898

More Books

Students also viewed these Finance questions

Question

6. Creating: Creating something new by combining different ideas.

Answered: 1 week ago