When You Produce Cars, It Is Enormously Expensive to Produce

question 71

Multiple Choice

When you produce cars, it is enormously expensive to produce one car, but then the costs per car decrease as more are produced.This would be an example of:

• A)increasing marginal opportunity costs.
• B)decreasing marginal opportunity costs.
• C)constant marginal opportunity costs.
• D)increasing returns to scale.

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Definitions:

Anticipatory Socialization

Involves taking on the norms and behaviors of a role to which we aspire.

Sigmund Freud's Theory

A set of psychoanalytic theories developed by Sigmund Freud that emphasize unconscious processes, childhood experiences, and sexuality in shaping human behavior.

Social Interaction

The process by which individuals act and react in relation to others, forming the basis of social relationships.

Pleasure Principle

A theory in psychoanalytic psychology proposing that people seek pleasure and avoid pain in order to satisfy biological and psychological needs.