When business firms get to be too big, they are suffering from ____________________.


Fill in the blank(s) with the appropriate word(s).

diseconomies of scale

Economics

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Downward sloping long-run supply curves occur in markets

A) with learning-by-doing. B) with increasing returns to scale. C) with constant returns to scale. D) Either A or B

Economics

Jason can maximize his satisfaction by allocating time among market work, nonmarket work, and leisure so that the final marginal utilities per hour spent in each activity are identical

a. True b. False

Economics