As Output Rises,the Profit Effect Results from

question 74

Multiple Choice

As output rises,the profit effect results from

• A)Lower opportunity costs.
• B)Tight supplies of factors of production.
• C)The law of demand.
• D)Constant costs that do not rise when prices rise.

---

Definitions:

Wolfgang Köhler

A German psychologist and one of the founders of Gestalt psychology, known for his work on insight learning.

Chimpanzees

A species of great ape native to the forests and savannahs of tropical Africa, known for their intelligence and complex social behaviors.

Insight Solution

A method or process that suddenly resolves a previously unsolvable problem or clarifies a complex situation.

Mathematical Ability

The capacity to understand, manipulate, and solve mathematical problems.