Felicia Is Very Warm and Accepting Towards Both of Her

question 16

Multiple Choice

Felicia is very warm and accepting towards both of her two children, but she also sets firm rules that the children must follow with very few exceptions. According to Baumrind, the characteristics that best describe her are

• A) responsive and demanding.
• B) indulgent and submissive.
• C) authoritarian and understanding.
• D) lenient and supportive.

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Definitions:

Economies of Scale

The cost advantage that arises with increased output of a product, resulting in a decrease in the per-unit cost as the scale of production is enlarged.

Long-run Total Costs

The aggregate sum of all production costs for a company when all input factors are variable, analyzed over a prolonged period.

Economies of Scale

The cost advantages that enterprises obtain due to size, output, or scale of operation, with cost per unit of output generally decreasing with increasing scale.

Average-total-cost Curve

A graphical representation that shows the average total cost of producing each quantity of output.