Nigerian Scholars » Past Questions » Economics » If the cost of production for a firm continues to increase as it output rises, t...

If the cost of production for a firm continues to increase as it output rises, t...


Question

If the cost of production for a firm continues to increase as it output rises, the firm is said to be experiencing?

Options

A) large-scale production

B) profit maximization

C) economies of scale

D) diseconomies of scale

The correct answer is D.


More Past Questions:


Discussion