Use the following table to answer the question below:Total Marginal AverageQuantityVariableCostCostCostTotal Cost11171172420310392558.3341632725418.263652118.67At which quantity does this firm experience diseconomies of scale?O Q=1Q=2Q=5Q=3Suppose that in a competitive market the market price is $10. This firm is operating at...Constant Returns to ScaleNone of these answers.OO5OEconomies of ScaleO Diseconomies of Scalem19ܣ܂8 According to the table, are workers working better together?Yes, they are working better together because the average total cost falls and then increases.Yes, they are working better together because the marginal cost increases as the quantity increases.No, they are not working better together because the average total cost falls and then increases.No, they are not working better together because the marginal cost increases as the quantity increases.

Diseconomies of scale:- In the competitive market, a firm operates at a level where the price is…

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Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter12: The Cost Of Production

Section: Chapter Questions

Problem 10PA

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According to the table, are workers working better together?
Yes, they are working better together because the average total cost falls and then increases.
Yes, they are working better together because the marginal cost increases as the quantity increases.
No, they are not working better together because the average total cost falls and then increases.
No, they are not working better together because the marginal cost increases as the quantity increases.

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