Macroeconomics video lecture question economic way of thinki

Macroeconomics video lecture question economic way of thinking The observation that looking all else constant, the additional cost of an goes up as the quantity of that action go up

Solution

2 terms are possible:

(1) Law of increasing marginal cost, or

(2) Law of diseconomies of scale (Diseconomies of scale occurs when average cost of production increases as output increases).