Use the Figure Below to Answer the Following Questions

question 82

Multiple Choice

Use the figure below to answer the following questions.

Figure 11.4.4
-Refer to Figure 11.4.4, which illustrates the long-run average total cost curve. Given an increase in output from Q₁ to Q₂,

• A)economies of scale exist.
• B)diseconomies of scale exist.
• C)constant returns to scale exist.
• D)average total cost is increasing.
• E)average total cost is decreasing.

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Definitions:

Circadian Rhythms

Physical, mental, and behavioral changes that follow a 24-hour cycle, primarily responding to light and darkness in an organism's environment.

Fluctuations

variations or changes in state or quantity over time, often seen in things like temperatures, stock market values, or energy levels.

Energy Level

Describes the overall vitality or intensity of physical and mental activity available to an individual.

Consciousness

The awareness of internal and external stimuli, including thoughts, feelings, and surroundings.