Economies of Scale Occur Where

question 159

Multiple Choice

Economies of scale occur where

• A)long-run average cost falls as new firms enter the industry
• B)short-run average cost falls as new firms enter the industry
• C)long-run average cost falls as one firm expands plant size
• D)short-run average cost falls as one firm expands plant size
• E)long-run average cost rises as one firm expands plant size

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Definitions:

Skeletal Muscle

A type of striated muscle tissue which is under the voluntary control of the somatic nervous system and is used to move the skeleton.

Somatic Motor Neurons

Nerve cells that control voluntary movements of the muscles by transmitting signals from the central nervous system.

Pacemaker Cells

Specialized cells in the heart that control the heart rate by generating and conducting electrical signals.

Heart Rate

The number of heartbeats per unit of time, usually per minute, reflecting the speed at which the heart is beating and pumping blood through the body.