Which of the Following Types of Firms Are Least Likely

question 337

Multiple Choice

Which of the following types of firms are least likely to have their MC, AVC, and ATC curves affected by fluctuations in gasoline prices?

• A)firms like UPS that use a fleet of gasoline-powered vehicles
• B)taxi cab companies and Uber drivers
• C)companies that operate bus tours to popular vacation destinations
• D)firms like iTunes that distribute their products over the Internet

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Definitions:

Blood Pressure Cuff

A medical device used during blood pressure measurements; it wraps around the arm and inflates to restrict blood flow, allowing for the reading of pressure levels.

Gesell's Theory

A developmental theory proposed by Arnold Gesell that emphasizes the role of genetics and biology in the developmental process of children.

Cephalocaudal Pattern

A principle of growth where development begins at the head and progresses down toward the feet.

Gene Activity

The process by which information from a gene is used in the synthesis of a functional gene product, such as proteins, influencing the function of cells.