At Quantities Greater Than the Long-Run Minimum Cost Per Unit

question 89

Multiple Choice

At quantities greater than the long-run minimum cost per unit of output,the long-run average total cost curve is _____ of the corresponding short-run average total cost curve.

• A)tangent to the minimum
• B)tangent to the maximum
• C)to the right of the minimum
• D)to the left of the minimum

---

Definitions:

Clinical Psychologists

Professionals in psychology who assess, diagnose, and treat mental illnesses and behavioral disorders through psychotherapy and other methods.

Basic Researchers

Scientists who conduct studies primarily to increase the understanding of fundamental principles and theories, often without immediate practical applications.

Applied Psychologists

Professionals who use the principles of psychology to solve practical problems in fields such as education, marketing, or mental health.

Social-cultural Perspective

An approach in psychology that examines how societal and cultural factors influence behavior and thinking.