Diseconomies of scale exist for all of the following reasons except
a. bureaucratic inefficiencies
b. management problems
c. failures in information flows
d. firm size is too small
e. organizational problems
D
You might also like to view...
A good that is used as a medium of exchange as well as being a consumption good is called
A) a barter money. B) a commodity money. C) a legal tender. D) a debased money.
"The market is not a self-regulating mechanism because prices are not flexible and nothing ensures that planned leakages will be offset by planned injections. To bring the economy out of depression and end high unemployment, some way of stimulating aggregate demand is required. This can be best achieved by a combination of government deficit spending and regulation of tax rates.". Which school of
thought does this statement best represent? a. Utopian economics b. Monetarist economics c. Classical economics d. Keynesian economics e. Marxist economics