Refer to the Provided Graphs

question 16

Multiple Choice

Refer to the provided graphs. They show the long-run average total cost (LRATC) for cars. For which graph are there economies of scale throughout the entire range of output of cars?

• A)graph A
• B)graph B
• C)graph C
• D)graph D

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Definitions:

Procedural Memory

A subtype of long-term memory that involves the unconscious memory of how to perform different actions and skills.

Cerebral Trauma

Injury to the brain caused by an external force, potentially leading to temporary or permanent cognitive, physical, and psychosocial impairments.

Anterograde Amnesia

The inability to form new memories after the onset of amnesia, while memories from before the onset may remain intact.

Memory Span

the amount of information or number of items that a person can hold in short-term memory in one attempt, often measured by recollection tasks.