One reason for diseconomies of scale is that, at very large scales, management systems can become
A) more efficient because they can effectively manage more workers.
B) increasingly complex and inefficient.
C) more numerous than the workers they manage.
D) none of the above.
B
Economics
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In general, if a firm is producing at a level at which its expected marginal revenue is ________ its expected marginal cost, it should ________ production to maximize ________.
A) more than; increase; actual profit B) less than; decrease; expected profit C) more than; decrease; expected profit D) less than; increase; expected profit
Economics
Since the 1970s, the percentage of all workers represented by unions has
A. represented an ever-larger fraction of the shrinking U.S. labor force. B. stayed the same. C. increased. D. decreased.
Economics