Which of the following would decrease the balance on the current account?

Minneapolis business Rogue Chocolatier sells specialty chocolate bars with a high cocoa content. If Rogue's average total cost decreases as the business increases plant size, then Rogue experiences

A) economies of scale. B) diseconomies of scale. C) diminishing marginal returns. D) constant returns to scale.

If a firm is minimizing the cost of producing its chosen level of output, the marginal product of the last dollar spent on each input should be equal

Indicate whether the statement is true or false