Because the Fixed Costs of Production Do Not Change in the Short

question 25

Multiple Choice

Because the fixed costs of production do not change in the short run, the total fixed cost divided by the number of units is known as the short-run

• A) average variable cost function
• B) marginal cost function
• C) average fixed cost function

---

Definitions:

Decibel

A unit of measurement for sound intensity, often used to describe sound levels in various environments.

Shape Constancy

The recognition that an object's shape remains the same even when its orientation to us changes.

Retinal Disparity

This refers to the difference in the visual images that each eye perceives because of the different angles in which each eye views the world, contributing to depth perception.

Place Theory

Theory on how the inner ear registers the frequency of sound, stating that each frequency produces vibrations at a particular spot on the basilar membrane.