When Total Fixed Costs Increase

question 57

Multiple Choice

When total fixed costs increase,

• A)the profit-maximizing level of output falls.
• B)the firm may be forced to shut down if total fixed costs get too high.
• C)economic profit decreases.
• D)both a and b
• E)both b and c

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Definitions:

Unconscious Mental Dynamics

Refers to the processes and interactions of mental elements within the mind that occur without conscious awareness, influencing thoughts, feelings, and behaviors.

Repressive Censoring

The act of suppressing unwelcome thoughts, feelings, or memories from consciousness, as a defense mechanism.

Parent-child Interaction

The dynamic and reciprocal communication and actions between a parent and child, which are crucial for the child's social, emotional, and cognitive development.

Rogers

Carl Rogers, an influential American psychologist known for founding the humanistic approach to psychology and developing client-centered therapy.