Which of the Following Is True If a Firm Has

question 32

Multiple Choice

Which of the following is true if a firm has indivisible inputs?

• A)The long-run average cost curve is downward sloping at lower levels of output.
• B)The long-run fixed cost curve is downward sloping at lower levels of output.
• C)The long-run total cost curve is downward sloping at lower levels of output.
• D)The long-run marginal cost curve is downward sloping at lower levels of output.

---

Definitions:

Diagnostic And Statistical Manual

A comprehensive classification and diagnostic tool used by mental health professionals for psychiatric disorders, published by the American Psychiatric Association.

WWI Recruits

Individuals conscripted or volunteered for military service during World War I, often used in historical research or discussions about military, social, or psychological aspects of the era.

Inkblot Test

The Inkblot Test, commonly known as the Rorschach test, is a psychological evaluation involving interpretations of inkblots to analyze a person's emotional functioning and perception.

Interest Inventories

Standardized tests or assessments designed to evaluate an individual's preferences, values, and interests in various activities to aid in career and educational planning.