Diseconomies of scale is
A) a short-run phenomenon.
B) the result of decreasing marginal returns.
C) a long-run phenomenon.
D) the result of increasing marginal returns.
E) possible only when the firm's plant size is fixed.
C
Economics
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Residential investment did NOT decline in the recession which began in
A) 1973. B) 1981. C) 1990. D) 2001.
Economics
If the actual inflation rate is less than the expected inflation rate, the actual real interest rate will be ________ than the expected real interest rate. When this happens, ________ will lose and ________ will gain
A) less; borrowers; lenders B) less; lenders; borrowers C) greater; borrowers; lenders D) greater; lenders; borrowers
Economics