Figure 11-8 -Consider the Average Cost Curve Shown in Figure 11-8, for Figure

question 91

Multiple Choice

Figure 11-8
-Consider the average cost curve shown in Figure 11-8, for the production of cleaning.If the firm serves the entire market and sells Q₁ units.Based upon this information, the firm is experiencing

• A)constant returns to scale .
• B)increasing returns to scale.
• C)decreasing returns to scale.
• D)externalities.

---

Definitions:

Social Roles

The parts individuals play as members of a social group, which dictate their behavior in specific contexts.

Private Acceptance

The phenomenon where individuals personally accept a norm or belief internally, even if they don't express it publicly.

Inner Beliefs

Core personal convictions or accepting something as true without immediate empirical evidence, shaping one’s perception and response to the world.

Public Behaviors

Actions or conduct displayed by individuals in social settings or public places, which are influenced by societal norms, culture, and laws.