A firm faces diseconomies of scale when costs increase
faster than output and, hence, average
costs of production rise when
the firm expands. Also see decreasing
returns to scale.
© 1999-2014, Glossary Copyright
© 2003, Dr. T's Network. All Rights Reserved.
Contact Us - Submit
a Link - Advertising Information
- Disclaimer - Privacy
Statement - FAQ - Link
to Us! - Associates