Which of the Following Statements Is Not Correct

question 321

Multiple Choice

Which of the following statements is not correct?

• A)The real cost of producing X is the quantity of products, R, S, or T etc., which could have been produced with the resources devoted to X.
• B)Diseconomies of scale arise primarily from the difficulties in managing and coordinating a large-scale business enterprise.
• C)The law of diminishing returns explains the fact that the long-run average total cost curve is U-shaped.
• D)Average fixed costs diminish so long as output increases.

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Definitions:

Flake Technology

A method used in stone tool making, where flakes were removed from a core stone to create sharp-edged tools by prehistoric peoples.

Obsidian Scalpel

A cutting tool made from obsidian, a naturally occurring volcanic glass, used in precision surgery for its extremely sharp edges.

Handedness

The natural preference individuals show for using one hand over the other, typically classified as right-handedness, left-handedness, or ambidexterity.

Bipedalism

The ability to walk upright on two legs, a key feature distinguishing humans and our ancestors from other primates, significantly affecting human anatomy and locomotion.