In Terms of Minimum Efficient Scale of Output, the "Unit

question 49

True/False

In terms of minimum efficient scale of output, the "unit cost curve" rises with output until a certain output level is reached, at which point further increases in output realize little reduction in unit costs.

---

Definitions:

Glycolysis

The metabolic pathway that converts glucose into pyruvate, generating energy in the form of ATP and NADH, occurring in the cytoplasm of the cell.

Chemiosmosis

The movement of ions across a semipermeable membrane, down their electrochemical gradient, which is used to generate ATP in cellular respiration and photosynthesis.

Aerobic Bacteria

Bacteria that require oxygen for their growth and survival, using it to produce energy through cellular respiration.

ATP Production

The process by which cells generate adenosine triphosphate, a molecule that stores and transports chemical energy within cells.