If the Long-Run Average Total Cost Curve Is Rising as Output

question 100

True/False

If the long-run average total cost curve is rising as output increases, then the firm faces diseconomies of scale.

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State Legislatures

Elected bodies responsible for making or amending laws at the state level in the United States, consisting of two chambers in most states: the Senate and the House of Representatives.

Right To Privacy

The right of an individual to be free from unwarranted intrusion into personal life, as protected by law.

Griswold V. Connecticut

A landmark Supreme Court case in 1965 that ruled state bans on contraceptive use by married couples were unconstitutional, basing the decision on rights of privacy.

Legality Of Contraceptives

Refers to the legal status of birth control methods and their accessibility under law.