Diseconomies of scale:
A. are synonymous with increasing returns.
B. are synonymous with diminishing returns.
C. pertain to the long run.
D. pertain to the short run.
Answer: C
You might also like to view...
When real rates of interest are negative, borrowers:
A. benefit, because the value of their debt declines. B. suffer, because the value of their debt declines. C. benefit, because the value of their debt increases. D. suffer, because the value of their debt increases.
A capital gain is defined as
A) the tax paid when one sells an asset. B) the positive difference between the sale price and the purchase price of an asset. C) the tax rate one pays when one moves into a higher tax bracket. D) an unanticipated increase in income.
If a firm hires 200 workers and produces 5,000 computers. If the firm hires one more worker, it produces 5,050 computers. If computers sell at a constant price of $100 and labor is hired at a constant wage rate of $4,000 per worker
A) the firm should hire and retain the additional worker. B) the marginal factor cost of labor is $4,000. C) the marginal revenue product of the added worker is $5,000. D) all of the above.
Which of the following unemployment rates can be negative?
A. the seasonal unemployment rate B. the natural unemployment rate C. the unemployment rate that includes underemployment D. the cyclical unemployment rate