Use the Following to Answer Question

question 163

Multiple Choice

Use the following to answer question:
-(Figure: Long-Run Average Cost) Use Figure: Long-Run Average Cost.This firm has _____ in the output region from B to C.

• A)constant returns to scale
• B)diseconomies of scale
• C)economies of scale
• D)falling marginal cost

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Definitions:

Classical Theorist

Refers to scholars from the classical period of sociology whose theories and ideas form the foundation of sociological thought, such as Karl Marx, Max Weber, and Emile Durkheim.

Oppressed Creature

An oppressed creature refers to an individual or group that experiences systematic injustices, limitations, and hardships imposed by dominant societal forces or governing bodies.

Opium

A narcotic drug extracted from the seed capsules of the poppy plant, used historically as a pain reliever and recreationally for its euphoric effects.

Profane

Elements of the everyday world that do not inspire or motivate.