The Slope of a Long-Run Average Cost Curve Exhibiting Economies

question 118

Multiple Choice

The slope of a long-run average cost curve exhibiting economies of scale is:

• A) zero.
• B) infinite.
• C) positive.
• D) negative.

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Definitions:

FIRO-B Theory

A psychological theory that explains how interpersonal relationships influence individual behavior, focusing on the dimensions of inclusion, control, and affection.

Inclusion

Is the degree to which an organization’s culture respects and values diversity.

Affection

A feeling of fondness or tenderness towards someone or something; it represents warmth and care.

Social Demands

The expected norms and behaviors that society imposes on individuals or organizations.