Exam Question
Decreasing returns to scale means that…as…
- 1. short run marginal costs rises, output rises
- 2. long run marginal cost rises, output rises
- 3. short run average cost rises, output rises
- 4. long run average cost rises, output rises
View Answer
Answer 4. long run average cost rises, output rises
Practice set and Exam Quiz
Yes! You can do Online MCQ practice of Economics for Manager question set and give online exam quiz test for Economics for Manager, so you can check your knowledge. You can get MCQ Study and Exam link from home page.