A LRAC Curve Is U- Shaped If

question 10

Multiple Choice

A LRAC curve is U- shaped if:

• A)input prices fall at low output levels and rise at higher levels.
• B)factors of production become more productive as output expands.
• C)decreasing returns to scale follow increasing returns to scale.
• D)the production function is homothetic.

---

Definitions:

Problem Drinkers

Individuals who consume alcohol in a way that negatively affects their health, personal relationships, or social functioning.

Abstinent

The practice of refraining from the consumption of alcohol or other drugs, or more generally, from certain behaviors or practices.

Psychotherapy Technique

Methods and strategies used in talk therapy to treat mental health issues.

Motivational Interviewing

A counseling approach that seeks to engage a client's own motivation to change behavior, focusing on exploring and resolving ambivalence.