The decreasing portion of a firm's long-run average cost curve is attributable to
a. diminishing returns to scale
b. increasing marginal cost
c. economies of scale
d. diseconomies of scale
e. constant returns to scale
C
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A policy which gains the winners more than the losers lose, in principle, could never result in unanimous approval of the policy.
Answer the following statement true (T) or false (F)
Organizational leadership should limit the involvement of stakeholders in the strategic planning process
a. true b. false
A discouraged worker is someone who
A. is employed. B. is unemployed. C. is not in the labor force. D. has been fired.
Refer to the information provided in Figure 10.2 below to answer the question(s) that follow. 
Figure 10.2 Refer to Figure 10.2. This firm's marginal cost curve has shifted from MC0 to MC1. A profit-maximizing firm should ________ the amount of output produced and ________ its demand for labor.
A. increase; decrease B. decrease; decrease C. keep constant; increase D. increase; increase