Diseconomies of scale are present when the long run average total cost of production declines as output expands
a. True
b. False
Indicate whether the statement is true or false
False
Economics
You might also like to view...
Free riding is not a problem in the market for a private good because
A) people who do not pay for the good can be excluded from consumption. B) the good is a rival good. C) the market eliminates the problem of externalities. D) The question errs because free riding is a problem in providing private goods.
Economics
Losses in which holding resulted in BNP Paribas not allowing investors to redeem shares from three of its investment funds?
A) mortgage-backed securities B) Lehman Brothers C) Bear Stearns D) Real Estate Investment Trusts
Economics