If Producing More Output Has No Effect on Average Cost

question 86

Multiple Choice

If producing more output has no effect on average cost then

• A)there are diseconomies of scale.
• B)there are economies of scope.
• C)there are diseconomies of scope.
• D)there are no economies of scale.

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Definitions:

Physiological Response

Bodily reactions, such as changes in heart rate, breathing, and hormone levels, to stimuli or activities.

Behavioral Response

The observable reaction or action of an individual following an environmental or internal stimulus.

Leptin

A hormone produced by adipose cells that helps to regulate energy balance by inhibiting hunger, which in turn diminishes fat storage in adipocytes.

Genetics

The branch of biology that studies the inheritance of physical and behavioral characteristics of an organism as determined by the genes.