If a higher level of production allows workers tospecialize in particular tasks, a firm will likelyexhibit _________ of scale and _________ averagetotal cost.a. economies; fallingb. economies; risingc. diseconomies; fallingd. diseconomies; rising
If a higher level of production allows workers tospecialize in particular tasks, a firm will likelyexhibit _________ of scale and _________ averagetotal cost.a. economies; fallingb. economies; risingc. diseconomies; fallingd. diseconomies; rising
Principles of Microeconomics (MindTap Course List)
8th Edition
ISBN:9781305971493
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter13: The Cost Of Production
Section: Chapter Questions
Problem 6CQQ
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Question
If a higher level of production allows workers to
specialize in particular tasks, a firm will likely
exhibit _________ of scale and _________
total cost
a. economies; falling
b. economies; rising
c. diseconomies; falling
d. diseconomies; rising
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