If a firm triples all of its inputs and its output doubles, it is said to be experiencing
A)diminishing marginal returns
B)increasing marginal returns
C)diseconomies of scale
D)economies of scale
E)constant average costs

Question

Quizplus · Accepted Answer

When a firm triples its inputs but only doubles its output, it is experiencing diseconomies of scale, as the increase in inputs leads to a less than proportional increase in output.

If a Firm Triples All of Its Inputs and Its