MCQ: What do you understand by “diseconomies of scale”? Decrease in costs as we increase the number of workers but keep other factors fixed Increase in costs as we increase all factors of production...

MCQ:

What do you understand by “diseconomies of scale”?

1. Decrease in costs as we increase the number of workers but keep other factors fixed


2. Increase in costs as we increase all factors of production by same proportion


3. Decrease in output as we increase the number of workers but keep other factors fixed


4. Decrease in costs as we increase all factors of production by same proportion


5. Increase in costs as we increase the number of workers but keep other factors fixed