The Experimental Set Up in the Figure Above Was Designed

question 13

Multiple Choice

The experimental set up in the figure above was designed to test

• A)the economy of scale of slime mold slugs and amoebas.
• B)the reproductive ability of slime mold slugs and amoebas.
• C)the aggregation ability of amoebas.
• D)attraction of Dictyostelium to light.

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Definitions:

AC

Average Cost; the total cost of production divided by the number of units produced, indicating the cost per unit.

Producer Surplus

The difference between the amount producers are willing to supply goods for and the actual amount received by them when sold.

Perfectly Competitive Industry

An economic theory describing a market structure where firms sell identical products, no single buyer or seller can influence the market price, and information is freely available.

AC

AC, or Average Cost, is the cost per unit of output, calculated by dividing the total cost by the quantity of output produced.