As Output Increases, Diseconomies of Scale

question 179

Multiple Choice

As output increases, diseconomies of scale

• A)lead to rising long-run average costs
• B)lead to declining long-run average costs
• C)lead to rising short-run average total costs
• D)lead to declining short-run total cost
• E)means the law of diminishing marginal returns is affecting production

Explain the role of personal and societal expectations in adjustment.

Describe the impact of stress on physical and mental health.

Understand the concept of psychological hardiness and resilience.

Identify and explain Maslow's theory on self-actualization and how it relates to adjustment.

---

Definitions:

Knowledge

The facts, information, and skills acquired through experience or education; the theoretical or practical understanding of a subject.

Salesperson Knowledge

The information and skills that a sales representative possesses, which can include product details, market insights, and customer service techniques.

Product

Any item or service offered for sale, designed to meet a specific need or demand in the market.

Service

Making a contribution to the welfare of others; the product which is an action or activity done for others for a fee.