Feeling a Gentle Caress on Your Arm Would Likely Involve

question 49

Multiple Choice

Feeling a gentle caress on your arm would likely involve all of the following except .

• A)Meissner's corpuscles
• B)hair follicle receptors
• C)Pacinian corpuscles
• D)tactile discs

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Definitions:

Economies Of Scale

Cost advantages reaped by companies when production becomes efficient, leading to a decrease in the per-unit cost as output increases.

Diseconomies Of Scale

The situation when a firm's costs per unit increase as it produces more output, opposite of economies of scale.

ATC Curve

A graphical representation of the average total costs of production at different levels of output in economics.

AVC Curve

The average variable cost curve, which shows a firm's average variable costs of production at different levels of output.