Which of the Following Cost Curves Demonstrate Increasing Returns to Scale

question 109

Multiple Choice

Which of the following cost curves demonstrate increasing returns to scale?

• A)a downward-sloping long-run average cost curve
• B)an upward-sloping long-run average cost curve
• C)a horizontal long-run average cost curve
• D)a vertical long-run average cost curve
• E)returns to scale have nothing to do with the shape of the long-run average cost curve

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Definitions:

Mental Health Treatment

Interventions and strategies used to treat mental disorders or improve mental health, including therapy, medication, and support services.

First Nations Peoples

Indigenous peoples in Canada who are neither Inuit nor Métis, often referring to groups that were the original inhabitants of the land.

Culturally Sensitive

An approach or practice that is respectful and mindful of the beliefs, practices, habits, and values of different cultures.

Maladaptive Beliefs

Negative thought patterns that are counterproductive or harmful to one’s psychological well-being and functioning.