Increasing Returns to Scale for a Firm Is Shown Graphically

question 90

Multiple Choice

Increasing returns to scale for a firm is shown graphically by

• A) a horizontal long- run average cost curve.
• B) a downward- sloping long- run average cost curve.
• C) an upward- sloping long- run average cost curve.
• D) a vertical long- run average cost curve.
• E) none of the above; returns to scale have nothing to do with the shape of the long- run average cost curve.

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Definitions:

Stress Inoculation Training

A psychotherapy method that helps individuals cope with stress by preparing them in advance to manage potential stressors.

Anxiety-producing Situations

Scenarios or circumstances that trigger feelings of anxiety, fear, or apprehension, varying widely among individuals based on personal experiences and sensitivities.

Cognitive Therapy

A form of psychotherapy that addresses maladaptive thinking patterns to effect change in behavior and emotion, often used in treating depression and anxiety.

Behavior Therapy

A type of psychotherapy that focuses on changing unwanted behaviors through various techniques and reinforcements.