Which of the Following Is True for a Firm That

question 57

Multiple Choice

Which of the following is true for a firm that enjoys economies of scale?

• A) Marginal revenue is falling as output increases.
• B) Average total cost is falling as output increases.
• C) Marginal cost is constant as output increases.
• D) Marginal cost is increasing as output increases.

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Definitions:

Lesion

Any abnormal damage or change in the tissue of an organism, often caused by disease or trauma.

Anatomical Asymmetry

The presence of structure differences in size, shape, or position between the left and right sides of the body.

Broca's Area

Broca's area is a region in the frontal lobe of the dominant hemisphere (usually the left) of the brain with functions linked to speech production and language processing.

Sensorimotor Cortex

A region of the cerebral cortex involved in processing sensory information and controlling motor functions.