Which of the Following Variables Are Continuous?
I $i$ And Ii
C) None Are Continuous

question 112

Multiple Choice

Which of the following variables are continuous?
i. an automobile's gas mileage
ii. the air pressure in an automobile's spare tire
iii. an automobile's sticker price

• A) i, ii, and iii
• B) \(i\) and ii
• C) None are continuous.
• D) \(\mathrm { i }\)

Recognize the production function and its relationship to input quantities and output.

Understand the law of diminishing returns and its implications for production and costs.

Identify the shapes and relationships among the ATC, AVC, and AFC curves.

Distinguish between short-run and long-run operational decisions in terms of costs and inputs.

---

Definitions:

Expectancy-Value Model

A psychological model that explains how the motivation to perform a behavior is influenced by the expectation of success and the value of the success to the individual.

Scholarship

Financial support awarded to a student on the basis of academic or other achievements to further their education.

Ventromedial Hypothalamus

A region of the brain involved in regulating hunger, satiety, and various aspects of metabolism.

Lesion

Any abnormal tissue change or damage in the body caused by disease or injury.