In Order to Have an Af Climate, a Location Must

question 89

Multiple Choice

In order to have an Af climate, a location must have an average coldest month temperature above 18°C AND:

• A) a short dry season with precipitation less than 6 cm per month.
• B) more than 6 cm of precipitation in every month.
• C) a long dry season.
• D) a warmest monthly mean above 25°C.

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Definitions:

Constant Returns to Scale

A condition where increasing all inputs by the same proportion results in an increase in output by that same proportion.

Minimum Efficient Scale

The smallest level of production at which long-run total average costs are minimized.

Diseconomies of Scale

A situation where a company or organization grows so large that the costs per unit increase, leading to reduced efficiency.

Long-run Average Total Cost

Represents the average cost per unit of output in the long-term, where all inputs are variable, allowing for the adjustment of all factors of production.