A Downward-Sloping Portion of a Long-Run Average Total Cost Curve

question 161

Multiple Choice

A downward-sloping portion of a long-run average total cost curve is the result of

• A) economies of scale.
• B) diseconomies of scale.
• C) diminishing returns.
• D) the existence of fixed resources.

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Definitions:

Click Languages

Languages that use click sounds as phonemes, primarily found among certain indigenous peoples of Africa.

Consonant Sounds

Speech sounds made by temporarily stopping or restricting the airflow through the mouth, such as "b," "d," and "g," distinguished from vowel sounds.

Africa

The second-largest continent on Earth, known for its diverse cultures, languages, geographic features, and historical significance.

Indigenous Languages

The original languages spoken by indigenous peoples, often facing the threat of extinction or decline.