When a Firm's Long-Run Average Total Costs Do Not Vary

question 96

Multiple Choice

When a firm's long-run average total costs do not vary as output increases, the firm exhibits

• A)economies of scale.
• B)constant returns to scale.
• C)diseconomies of scale.
• D)an efficient use of resources.

Recognize the importance of inductive discipline in correcting child behavior.

Understand the concepts of gender constancy, schema, and identity development.

Apply theoretical perspectives to understand gender role development.

Understand the concept of gender identity and the difference between biological sex and gender identity.

---

Definitions:

Cocoa Bean

The dried and fully fermented seed from which cocoa solids and cocoa butter are extracted, essential in chocolate making.

Government Study

Research or investigation conducted by or on behalf of government agencies to inform policy decisions, evaluate programs, or gather statistical data.

Rent Control

Government-imposed limits on the amount landlords can charge for leasing homes or apartments, intended to keep housing affordable for renters.

Waiting Lists

Lists of individuals or entities waiting for the allocation of a service or a product, typically used when demand exceeds supply.