The Eventual Increase in AVC as Output Increases Is the _____

question 156

Multiple Choice

The eventual increase in AVC as output increases is the _____ effect.

• A)diminishing returns
• B)spreading
• C)constant cost
• D)increasing returns

---

Definitions:

Social Stratification

A system by which society ranks categories of people in a hierarchy based on factors like wealth, income, race, education, and power, affecting their access to resources and opportunities.

Swept Away

Completely removed, eliminated, or overtaken by a powerful force.

Access to Resources

The ability or permission to approach, use, or benefit from assets or services that are necessary for well-being or economic production.

American Society

Describes the social structure, cultural norms, and societal behaviors prevalent within the United States.