Which of the Following Observations Is True

question 172

Multiple Choice

Which of the following observations is true?

• A)In the long run, more costs become variable.
• B)Fixed costs can be completely varied if the time period is sufficient.
• C)Fixed costs arise when some types of inputs can be bought only in big batches.
• D)Variable costs arise when inputs have a large productive capacity.

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Definitions:

General Adaptation Syndrome

A theoretical model created by Hans Selye that describes the body's short-term and long-term reactions to stress, consisting of three stages: alarm, resistance, and exhaustion.

Physiological-based Solution

An approach to solving problems that relies on understanding and modifying the body's natural processes.

Alarm Reaction

The initial phase in the body’s response to stress, activating various physiological changes for fight or flight.

Resistance Reaction

A psychological response where an individual opposes changes or challenges to their thoughts, behaviors, or environment.