If an industry is characterized by substantial diseconomies, Ask an Expert

Economics

If an industry is characterized by substantial diseconomies of scale, as a particular firm in the industry expands its production capacity we will observe:

A decrease in marginal costs.

An increase in the marginal product of labor.

A decrease in the total fixed costs of production.

An increase in the average total costs of production.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91697155

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