Figure 13-9 the Figure Below Depicts Average Total Cost Functions for a for a Firm

question 306

Multiple Choice

Figure 13-9
The figure below depicts average total cost functions for a firm that produces automobiles.
-Refer to Figure 13-9. This firm experiences diseconomies of scale at what output levels?

• A)output levels greater than N
• B)output levels between M and N
• C)output levels less than M
• D)All of the above are correct as long as the firm is operating in the long run.

---

Definitions:

Math and Science

Academic disciplines that focus on understanding and explaining the natural world through mathematical models and scientific investigation.

Prejudice

Preconceived opinion that is not based on reason or actual experience; bias, often towards an individual or group.

Negative Attitude

A predisposition to perceive, interpret, or act towards a particular aspect of one’s environment in an unfavorable or detrimental manner.

Unarmed Suspects

Individuals suspected of a crime who are not in possession of any weapons.