When diseconomies of scale occur: CA. the long-run average total cost 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

When diseconomies of scale occur: CA. the long-run average total cost 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

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Concept explainers

Short-Run Costs and Long-Run Costs

Cost of short-run and the long-run is an economic term that describes the cost involved in the production of goods in a firm in the short as well as long period.

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