The Rate of Capacity Utilization That Minimizes Average Product Cost

question 13

Multiple Choice

The rate of capacity utilization that minimizes average product cost is known as

• A)economies of scale.
• B)diseconomies of scale.
• C)best operating level.
• D)efficiency.

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Definitions:

Psychoactive Drug

A chemical substance that alters perceptions and moods.

Withdrawal

The process of reducing or stopping the use of a substance after prolonged and frequent use, often leading to uncomfortable symptoms.

Heroin

An opioid drug made from morphine, a natural substance taken from the seed pod of various opium poppy plants, known for its addictive properties.

Craving

An intense, urgent, or abnormal desire or longing, especially for a substance or activity that can lead to addictive behavior.