In the Long Run,constant Returns to Scale Necessarily Occur When

question 240

Multiple Choice

In the long run,constant returns to scale necessarily occur when the firm increases its production and the firm's

• A) total cost increases.
• B) total cost does not change.
• C) average total cost increases .
• D) average total cost does not change.
• E) production increases by more than does the firm's total cost.

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Definitions:

Umbilical Cord

A cord-like structure connecting the fetus to the placenta, providing nutrients and removing waste.

Spermatogenesis

The process by which spermatozoa are produced from spermatogonial stem cells through mitosis and meiosis.

Epididymis

A long, coiled tube located adjacent to the testicles where sperm mature and are stored.

Tubal Ligation

A surgical procedure for sterilization in which a woman's fallopian tubes are clamped and blocked or severed and sealed to prevent eggs from reaching the uterus for fertilization.