In the Long Run, When an Increase in the Quantity

question 60

Multiple Choice

In the long run, when an increase in the quantity of output decreases average total cost, a firm experiences:

• A)economies of scale.
• B)diseconomies of scale.
• C)constant economies to scale.
• D)minimum average total cost.

---

Definitions:

Structuralists

Pioneers in psychology and linguistics who analyzed the structure of mental processes and language by breaking down elements into basic components.

Humanistic Psychologists

Psychologists who focus on individual potential for growth and the role of unique perceptions in growth processes, emphasizing a subjective view of human experience.

Skinner-behaviorism

A theory of learning based on the idea that all behaviors are acquired through conditioning, proposed by B.F. Skinner.

Freud-Gestalt Psychology

An approach that incorporates elements of Freud's psychoanalytic theory and Gestalt psychology, focusing on unconscious processes and perceptions in understanding behavior.