If the LRATC Curve Is Falling, Then

question 58

Multiple Choice

If the LRATC curve is falling, then

• A)the law of diminishing marginal returns is operating.
• B)economies of scale are present.
• C)constant returns to scale are present.
• D)diseconomies of scale are present.

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Definitions:

Visual-Form Agnosia

A brain disorder where the person cannot identify objects even though their vision is intact.

Optic Nerve

A paired nerve that transmits visual information from the retina to the brain.

Lateral Geniculate Nucleus

A part of the thalamus in the brain responsible for processing and relaying visual information from the retina to the visual cortex.

Corpus Callosum

A large band of neural fibers that connects the left and right cerebral hemispheres, facilitating inter-hemispheric communication.