Which of the Following Observations Is True

question 221

Multiple Choice

Which of the following observations is true?

• A)In the long run, more costs become variable.
• B)Fixed costs cannot be completely varied if the time period is sufficiently long.
• 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:

Innate Mental Capacity

The inherent ability of the brain to learn and think, including the potential to process, understand, and absorb information from birth.

Intelligence Tests

Standardized assessments designed to measure human intelligence and cognitive abilities.

Diverse Skills

A range of varied abilities and competencies that an individual can possess, enhancing their adaptability and performance in different tasks.

Neural Plasticity

The ability of the nervous system to change its activity in response to intrinsic or extrinsic stimuli by reorganizing its structure, functions, or connections.