Which of the Following Is FALSE

question 69

Multiple Choice

Which of the following is FALSE?

• A) In the long run, the firm has no fixed inputs.
• B) In the long run, both the amount of capital and labour used by the firm can be changed.
• C) Fixed costs increase in the long run.
• D) As a firm produces more output, eventually it experiences diseconomies of scale.
• E) Long-run average variable costs equal long-run average total costs.

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Definitions:

Civil Rights Proposals

Suggestions or measures put forward to protect individuals' freedoms and rights guaranteed by law, often focusing on ending discrimination and ensuring equal access to opportunities.

Korean War

A conflict between North Korea, with the support of China and the Soviet Union, and South Korea, supported by the United Nations, primarily the United States, from 1950 to 1953, which ended in an armistice.

Long Telegram

A telegram by American diplomat George Kennan in 1946 outlining his views of the Soviet Union that eventually inspired the policy of containment.

Policy of Containment

A foreign policy strategy aimed at preventing the spread of communism, adopted by the United States during the Cold War.