A Curve Showing the Lowest Cost at Which a Firm

question 302

Multiple Choice

A curve showing the lowest cost at which a firm is able to produce a given level of output in the long run is

• A)a long-run production function.
• B)a long-run marginal cost curve.
• C)a minimum efficient scale curve.
• D)a long-run average total cost curve.

---

Definitions:

Kinesthetic Receptors

Sensory receptors located in muscles, joints, and tendons that detect bodily movement, position, and tension, contributing to the sense of proprioception.

Body Position

The arrangement or posture of the body, which can significantly affect health, comfort, and physical performance.

Movements

Actions or activities of changing position or place, or the potential for change in the physical position of the body or of objects.

Pressure

The force exerted on a surface area divided by the total area on which the force is exerted; often related to gases or liquids in scientific contexts.