A Firm's Long-Run Average Cost Curve Is Comprised Of

question 66

Multiple Choice

A firm's long-run average cost curve is comprised of:

• A)the minimum points of each of the firm's short-run average cost curves.
• B)the lower envelope of the firm's short-run average cost curves.
• C)the minimum points of each of the firm's short-run marginal cost curves.
• D)the series of points where the short-run marginal cost curves intersect the short-run average cost curves.

---

Definitions:

Fibrous Actin

Filamentous actin, part of the cytoskeleton in cells, involved in various types of cell movement and the maintenance of cell shape.

Thick Myofilaments

Components of the muscle fiber responsible for muscle contraction, composed primarily of the protein myosin.

Myosin Molecules

Motor proteins involved in muscle contraction and movement by interacting with actin fibers within muscle cells.

Sarcolemma

The cell membrane of a muscle fiber that encloses its cytoplasm and all its components.