A(n) _____ Represents a Vertical Slice Through the Earth

question 13

Multiple Choice

A(n) _____ represents a vertical slice through the Earth.

• A) elevation model
• B) traverse
• C) map
• D) cross-section
• E) fold

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Definitions:

Diseconomies of Scale

A situation where a company or organization grows so large that the costs per unit increase, leading to reduced efficiency.

Long-run Average Total Cost

Represents the average cost per unit of output in the long-term, where all inputs are variable, allowing for the adjustment of all factors of production.

Minimum Efficient Scale

The smallest amount of production a company can achieve while still taking full advantage of economies of scale in terms of lowering the average cost per unit.

Long-run Average Total Cost

The average cost per unit of output over the long term, where all inputs are considered variable.