What Is the Difference in Elevation Between a Plane Flying

question 79

Multiple Choice

What is the difference in elevation between a plane flying 25,000 ft above sea level and a submarine traveling 480 ft below sea level?

• A) 24,040 ft
• B) 25,480 ft
• C) 24,520 ft
• D) 25,960 ft
• E) none of these

---

Definitions:

Economies Of Scale

Exist when average costs fall as output increases.

Diseconomies Of Scale

Exist when average costs rise with output.

Marginal Costs

The cost associated with producing one additional unit of a product, useful for decision-making on production levels and pricing.

Constant Returns To Scale

When average costs are constant with respect to output level.