If a higher level of production allows workers to specialize in particular tasks, a firm will likely exhibit _______of scale and ______ average total cost.a. economies, fallingb. economies, risingc. diseconomies, fallingd. diseconomies, rising
If a higher level of production allows workers to specialize in particular tasks, a firm will likely exhibit _______of scale and ______ average total 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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If a higher level of production allows workers to specialize in particular tasks, a firm will likely exhibit _______of scale and ______ average total cost.
a. economies, falling
b. economies, rising
c. diseconomies, falling
d. diseconomies, rising
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