Use the Figure Below to Answer the Following Questions

question 82

Multiple Choice

Use the figure below to answer the following questions.

Figure 11.4.4
-Refer to Figure 11.4.4, which illustrates the long-run average total cost curve. Given an increase in output from Q₁ to Q₂,

• A)economies of scale exist.
• B)diseconomies of scale exist.
• C)constant returns to scale exist.
• D)average total cost is increasing.
• E)average total cost is decreasing.

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Definitions:

Chronic Obstructive Lung Disease

A progressive lung disease that obstructs airflow and makes it difficult to breathe.

Cerebrovascular Accidents

Another term for a stroke, an event characterized by the sudden death of brain cells due to lack of oxygen, caused by blockage or rupture of an artery to the brain.

Tranquilizers

Medications used to reduce tension or anxiety, and sometimes to induce sedation.

Pharmacokinetic Activity

The process by which a drug is absorbed, distributed, metabolized, and eliminated by the body.