In the Long Run

question 174

Multiple Choice

In the long run,

• A)all costs are variable costs.
• B)all costs are fixed costs.
• C)there are no variable costs.
• D)b and c

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Definitions:

Tensile Strength

The highest stress that a material can withstand without separating; expressed in psi. In steels, tensile strength typically exceeds yield strength by about 10 percent.

Weld Profile

The shape, dimensions, and surface contour of a weld bead, which affects the quality and strength of the welded joint.

Frame Misalignment

A condition where the structural frame of a vehicle is not correctly aligned, potentially affecting its performance and safety.

Wheel Alignment

The adjustment of the angles of wheels to each other and to the vehicle body to ensure proper tire wear and vehicle handling.