If a firm triples inputs and produces twice the output, then there are constant returns to scale. no returns to scale. decreasing returns to scale. increasing returns to scale.

Diseconomies of scale exist over the range of output for which the long-run average cost curve is a. constant. b. falling. c. rising. d. none of the above.

Consider the following information on long run total costs: Output 1 2 3 4 5 6. 7 Total Costs 50 90 123 160 210 270 350 Decreasing returns to scale starts with the addition of the unit of output. Third Fifth Fourth Insufficient information

Refer to the information provided in Table below to answer the question that follow. Number of Earrings TVC MC AVC TFC TC AFC ATC 0 100 1 2 3 4 5 270 50 O Select one: 46.67 300 Refer to Table If Sherry produces one pair of earrings, her total variable costs are 95 a. indeterminate from this information. b. $50. c. $100. d. $150.

am. 82.

QUESTION 1 When diseconomies of scale occur: CA. the long-run average total cost O B. marginal cost intersects average OC the long-run average total cost O D. average fixed costs curve falls total cost curve rises will rise

$22 00 20.00 18.00 Which size bookstore is more likely to experience diseconomies of scale? Long-run Average cost OA Abookstore selling 1,000 books per month B. Abookstore seling 20,000 books per month C. Abookstore selling 40,000 books per month 1,000 20.000 Quantity of books sokd per month 40,00D,000 D. Abookstore seling 80,000 books per month Average cost

What are diseconomies of​ scale? Diseconomies of scale is   A. when the marginal product of labor is decreasing with output.   B. when the marginal cost of production is increasingwith output.   C. when a​ firm's long-run average costs decrease with output.   D. when a​ firm's long-run average costs increase with output.

15. If the long-run average total cost is increasing as the output increases we call this: a. economies of scale b. diseconomies of scale c. constant returns to scale d. specialization

f production, C be the total cost, MC be the marginal cost, AFC, the average fixed cost, AVC, the aver ecimal places.) Output (q) VC C MC AFC AVC AC 1 $100 $64 112 $164 $64 48 $100.00 $64.00 $164.00 50.00 56 00 106.00 2 100 212 3. 100 144 244 32 33.33 48.00 4. 100 160 16 25.00 40.00 65.00 100 192 292 -32 20.00 58 40 9. 100 340 48 16.67 40.00 56.67 7. 100 -304 404 14.29 4343 57.71 100 -384 484 80 48.00 60.50 53.33 59.20 9. 100 480 580 96 11.11 64.44 10 100 592 112 10.00 F.