"The Bigger the Volume,the Lower the Cost,and We Pass These

question 15

Multiple Choice

"The bigger the volume,the lower the cost,and we pass these savings on to you" is a familiar advertising slogan.It implies essentially that the

• A)firm expects to experience increasing returns over the relevant level of output.
• B)firm is altruistic.
• C)consumer is able to pay less today because the total cost of the firm is expected to decline tomorrow.
• D)average fixed cost will decline or remain constant over the long run.
• E)total cost of the firm will remain constant as output expands.

---

Definitions:

Ant Species

Varieties within the family Formicidae, characterized by their social organization and roles in ecosystems.

Warm Season

The period of the year characterized by higher temperatures, typically resulting in increased biological activity and growth in many organisms.

Harsh Conditions

Environmental situations that are extreme and potentially detrimental to living organisms, such as high salinity, extreme temperatures, or low oxygen levels.

Organism Survival

Refers to the ability of a living organism to continue living and functioning under given environmental conditions.