Asked by Harpreet Singh on Jun 12, 2024
Verified
When firms get too big,___________ set in.
Diseconomies
Situations where economies of scale no longer function for a firm and higher production volumes lead to increased average costs.
- Evaluate the positive aspects and potential negative impacts of monopolies and significant firms.
Verified Answer
PH
Learning Objectives
- Evaluate the positive aspects and potential negative impacts of monopolies and significant firms.