Excess Capacity Is

question 338

Multiple Choice

Excess capacity is

• A)an example of the inefficiencies of monopolistically competitive markets.
• B)a short-run problem but not a long-run problem.
• C)a characteristic of rising average total cost curves.
• D)Both a and b are correct.

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Definitions:

Spindle Fibers

Filaments formed during cell division that help segregate chromosomes into the daughter cells.

Cytokinesis

The process during cell division in which the cytoplasm of a single eukaryotic cell is divided to form two daughter cells.

Cytokinesis

The division of the cytoplasm of a cell at the end of mitosis or meiosis, bringing about the separation into two daughter cells.

Telophase

The final stage of cell division (mitosis and meiosis), where chromosomes decondense, nuclear membranes reform, and cytokinesis typically begins.