Consider a Firm in the Short Run

question 94

Multiple Choice

Consider a firm in the short run.If the AP curve is rising,then the MP curve

• A)must lie above the average-product curve over this range and must also be rising.
• B)must lie above the average-product curve over this range.
• C)can be either above or below the average-product curve,although it must be rising over the entire range.
• D)must lie below the average-product curve over this range.
• E)must be falling.

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Definitions:

Sympathetic Nervous System

Part of the autonomic nervous system responsible for mobilizing the body's response during stress, including increasing heart rate, and dilating airways.

Physiological Changes

Physiological changes are alterations in the body's normal biological functions, which can result from various factors including stress, exercise, or health conditions.

Activation

The process in psychology and physiology by which something is prepared or excited into action or increased activity, such as the activation of certain brain regions in response to stimuli.

Hans Selye

A pioneering Hungarian-Canadian endocrinologist known for his research on the stress response and the development of the general adaptation syndrome (GAS) theory.