If unit costs increase as the quantity of production increases and all inputs are variable, then a firm is experiencing

A) constant returns to scale.
B) economies of scale.
C) diseconomies of scale.
D) falling economies of scope.

C

Economics

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Monopolistically competitive firms achieve allocative efficiency but not productive efficiency

Indicate whether the statement is true or false

Economics

In Figure 3-3 above, when income is 1,500, unplanned inventory investment is

A) 200. B) 300. C) 500. D) -200. E) -500.

Economics