A rising short-run average cost is a result of
...A rising short-run average cost is a result of
Economies of scale
Falling marginal costs
Diminishing returns
Rising fixed costs
Correct answer is C
No explanation has been provided for this answer.
A basic economic problem of any society is ...
One form of business organization which is not motivated solely by the profit objective is the ...
In national income accounting, NNP is derived by subtracting from the GNP ...
The equilibrium level of output of a monopolist is determined at a point where ...
Tax evasion in Economics means ...
When the government imposes a unit tax on a commodity with perfectly inelastic demand, the ...
Goods sold in perfectly competitive markets are generally ...
A constraint on the expansion of a firm is the ...
The output of an extra unit of an input is referred to as_______ ...