If the cost of production for a firm continues to increase as it output rises,…

Economics JAMB 1989

If the cost of production for a firm continues to increase as it output rises, the firm is said to be experiencing?

  • large-scale production
  • profit maximization
  • economies of scale
  • diseconomies of scale checkmark

The correct answer is: D

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment