If Long-Run Average Total Cost Decreases as the Quantity of Output

question 38

Multiple Choice

If long-run average total cost decreases as the quantity of output increases, the firm is experiencing

• A)economies of scale.
• B)diseconomies of scale.
• C)coordination problems arising from the large size of the firm.
• D)fixed costs greatly exceeding variable costs.

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Definitions:

Unsafe Working Conditions

Work environments that pose potential risks to the health and safety of employees due to improper safety measures or hazardous materials.

Heterosexism

The presumption of heterosexuality as the norm, which can result in discrimination or bias against non-heterosexual orientations and identities.

Systemic Discrimination

Discrimination that is ingrained in the policies, practices, and procedures of institutions, resulting in disadvantages to certain groups.

Natural Superiority

The belief in the inherent superiority of certain individuals, groups, or races over others, often without scientific basis.