Use the Following to Answer Question(s): Long-Run Average Cost

question 36

Multiple Choice

Use the following to answer question(s) : Long-Run Average Cost

-(Exhibit: Long-Run Average Cost) In the region from B to C, output per period is _______ and long-run average cost is _______ .

• A) increasing; increasing
• B) decreasing; increasing
• C) increasing; decreasing
• D) decreasing; decreasing

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Definitions:

Operating System

System software that manages computer hardware, software resources, and provides common services for computer programs.

RAM

Short for Random Access Memory, a type of computer memory that is used to store working data and machine code currently in use.

Memory

In computing, refers to the components or devices where data can be stored and accessed, typically RAM (Random Access Memory) and storage memory like hard drives or SSDs.

Pointer

A pointer is a graphical symbol on a computer screen or interface that indicates where user interaction, such as clicks or selections, will occur.