Which of the Following Is FALSE

question 353

Multiple Choice

Which of the following is FALSE?

• A) Long-run average variable costs equal long-run average total costs.
• B) Fixed costs increase in the long run.
• C) As a firm produces more output, eventually it experiences diseconomies of scale.
• D) In the long run, both the amount of capital and labor used by the firm can be changed.

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Definitions:

Epistasis

Polygenic inheritance, in which a trait is influenced by multiple genes.

Labrador Retrievers

A breed of dog known for its friendly nature, intelligence, and versatility in various roles such as assistance dogs and in search-and-rescue operations.

Alleles

Alternative forms of a gene that occur at the same locus on homologous chromosomes, contributing to genetic diversity.

Inherited

Traits or genetic information that are transmitted from parents to their offspring through their genes.