In the Long Run, a Firm Might Experience Rising Per-Unit

question 145

Multiple Choice

In the long run, a firm might experience rising per-unit costs due to

• A) economies of scale.
• B) diseconomies of scale.
• C) the law of supply.
• D) the law of diminishing marginal returns.

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Definitions:

Ngady Amwaash

A traditional ceremonial mask used by the Kuba people of Central Africa, often featuring intricate designs and materials, and played a role in rituals and tribal identity.

Scarification

A practice involving the intentional creation of scars on the body for cultural, religious, or aesthetic reasons.

Asante Akua'ba

Traditional African fertility dolls from the Akan people, particularly the Asante tribe in Ghana, characterized by their disc-shaped heads and abstract form.

Idealized Beauty

An artistic representation or concept of beauty that is perfected and exalted beyond ordinary human standards.