An increase in long-run average costs resulting from increases in output is __________. Question 18 options:...

Question

Question

An increase in long-run average costs resulting from increases in output is __________. Question 18 options:...

An increase in long-run average costs resulting from increases in output is __________.

Question 18 options:

	attributed to constant returns to scale
	attributed to diseconomies of scale
	attributed to the law of diminishing marginal product
	attributed to economies of scale

business economics

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Answer 1

Answer #1

If increase in long run average cost results from increases in output means that attributed to diseconomies of scale.

explanation:

▪if long run averge cost(LRAC) is falling when output raise means that- economies of scale.

▪LRAC increases means diseconomices of scale.

▪LRAC is contant means contant returns to scale will occur..

so the answer opition B

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Answer 2

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