-In the Above Figure, the Long- Run Average Cost Curve

question 3

Multiple Choice

-In the above figure, the long- run average cost curve exhibits diseconomies of scale

• A) between 5 and 10 units per hour.
• B) between 10 and 20 units per hour.
• C) along the entire curve.
• D) between 20 and 25 units per hour.

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Definitions:

Genetically Determined

Traits or characteristics that are influenced by genes inherited from parents.

Reinforcement

In behavioral psychology, it is the process of encouraging or establishing a pattern of behavior by offering reward or punishment.

Psychoanalytic

Pertaining to psychoanalysis, the theory and therapy developed by Freud that focuses on exploring unconscious desires and conflicts.

Behavioural Theories

Theories that focus on observable behaviors, emphasizing the learning processes and the effects of the environment on behavior.