When Average Costs Fall as Output Increases,it Is Due to _____;When

question 54

Multiple Choice

When average costs fall as output increases,it is due to _____;when they fall at a given level of output it is due to _____.

• A)economies of scale;learning by doing
• B)economies of scale;diseconomies of scale
• C)learning by doing;economies of scale
• D)learning by doing;diseconomies of scale

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Definitions:

Autonomic Nervous System

A part of the peripheral nervous system that controls bodily functions not consciously directed, like breathing, the heartbeat, and digestive processes.

Somatic Nervous System

Part of the peripheral nervous system that controls voluntary movements of the body and transmits sensory information to the central nervous system.

Central Nervous System

The part of the nervous system that consists of the brain and spinal cord, responsible for processing and transmitting information.

Afferent Nerve Fibres

Nerve fibers that carry sensory signals from organs and tissues towards the central nervous system.