As a Firm Expands Output, in the Short Run Marginal

question 88

Multiple Choice

As a firm expands output, in the short run marginal costs will

• A) always decline as output expands.
• B) increase at first but eventually level off and decline.
• C) eventually increase as the firm experiences diminishing returns to the fixed factors of production.
• D) initially increase at a decreasing rate but eventually increase at an increasing rate.

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Definitions:

Primary Response

The initial response of the immune system to a new antigen, typically involving the activation and proliferation of specific lymphocytes.

Secondary Response

The immune system's enhanced reaction upon a second or subsequent encounter with an antigen, typically faster and more vigorous than the primary response.

Initial Antigen

The foreign substance or pathogen that triggers an immune response in the body, leading to the production of antibodies.

Dashed Line

A line consisting of dashes, often used in diagrams and drawings to represent boundaries, paths, or other entities that are not continuously solid.