Only answer 1, 2 and 3 Write TRUE or FALSE in the space provided.1. Diseconomies of scale are the benefits that firms gain from the ongoing growth of theorganisation.2. When long run average cost is rising, the firm is experiencing diseconomies of scale.3. As the firm employs more labour, greater division of labour is possible.4. Division of labour leads to reduce productivity and increased output._5. Internal economies of scale are benefits to the firm that originate from the organisationitself.

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Write TRUE or FALSE in the space provided. 1. Diseconomies of scale are the benefits that firms gain from the ongoing growth of the organisation.

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter13: The Cost Of Production

Section: Chapter Questions

Problem 6CQQ

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Question

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Only answer 1, 2 and 3

Write TRUE or FALSE in the space provided.
1. Diseconomies of scale are the benefits that firms gain from the ongoing growth of the
organisation.
2. When long run average cost is rising, the firm is experiencing diseconomies of scale.
3. As the firm employs more labour, greater division of labour is possible.
4. Division of labour leads to reduce productivity and increased output._
5. Internal economies of scale are benefits to the firm that originate from the organisation
itself.

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