
J S.
asked 04/03/20If a firm is experiencing diseconomies of scale, its long-run average cost curve is upward sloping.
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1 Expert Answer

Lenny D. answered 04/08/20
Tutor
4.8
(563)
Former Tufts Economics Professor and Wall Street Economist
Absolutely true. Double inputs doubles costs but output less than doubles. Hence, per unit costs rise.
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Charles W.
04/04/20