Asked by
Nadar Mahamud
on Nov 04, 2024
Verified
Diseconomies of scale cannot be due only to the sheer size of a firmʹs operation.
Diseconomies of Scale
A situation in which production costs increase as a firm’s output increases, leading to decreased efficiency.
- Ascertain the juncture at which a business encounters the onset of diseconomies of scale.
- Explore the contrasting characteristics of economies and diseconomies of scale.
Verified Answer
DV
Learning Objectives
- Ascertain the juncture at which a business encounters the onset of diseconomies of scale.
- Explore the contrasting characteristics of economies and diseconomies of scale.