Economies of Scale Exist When

question 32

Multiple Choice

Economies of scale exist when

• A)fixed cost decreases as output increases.
• B)long-run average cost decreases as output increases.
• C)long-run marginal cost is less than long-run average cost.
• D)both a and b
• E)both b and c

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Definitions:

Anorexia Nervosa

Exaggerated concern with being overweight that leads to inadequate food intake and often excessive exercising; can lead to severe weight loss and even starvation.

Severe Weight Loss

A significant and rapid decrease in body weight, often associated with diseases, disorders, or extreme dietary practices.

Starvation

A severe deficiency in caloric energy, nutrient, and vitamin intake, leading to extreme hunger, weight loss, and possibly death if not addressed.

Masculinization

Process by which exposure to androgens (male sex hormones) alters the brain, rendering it identifiably male.