CFA Practice Question

There are 539 practice questions for this study session.

CFA Practice Question

Diseconomies of scale are associated with ______.
A. an upward-sloping long-run average total cost curve
B. an upward-sloping short-run average total cost curve
C. a downward-sloping long-run average total cost curve
Explanation: Diseconomies of scale occur when an increase in all inputs results in an increase in long-run average total cost.

User Contributed Comments 3

User Comment
lohan how about the shape for the short run?
atemple315 Diseconomies of scale are only applicable in the long run
MariaDunet Scale is what can be changed only in long run
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