Farmer Seth Has a Perfectly Flat Long- Run Average Total

question 80

Multiple Choice

Farmer Seth has a perfectly flat long- run average total cost curve over the range of output from 1,000 tonnes of wheat to 10,000 tonnes of wheat. Hence, over this range of output, Farmer Seth definitely experiences

• A) constant economies of scale.
• B) constant returns to scale.
• C) constant marginal returns.
• D) None of the above.

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Definitions:

Amygdala

An almond-shaped section of nervous tissue located in the temporal (side) lobe of the brain; involved in emotions such as fear and pleasure.

Drug Administration

The method by which a drug is brought into the body to ensure its therapeutic effect, including oral, intravenous, and other routes.

Epinephrine

Also known as adrenaline, a hormone and neurotransmitter involved in the fight or flight response, increasing heart rate, muscle strength, blood pressure, and sugar metabolism.

Anabolic Steroids

Synthetic substances similar to the male sex hormone testosterone that promote muscle growth and physical enhancement.