If the Marginal Cost Curve Is U-Shaped

question 112

Multiple Choice

If the marginal cost curve is U-shaped

• A) there are no productivity gains from specialization,only diminishing marginal product.
• B) average fixed costs are continually decreasing.
• C) there are productivity gains from specialization before diminishing marginal product sets in.
• D) the average total cost curve is continually upward sloping.
• E) the average variable cost curve is a straight line.

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Definitions:

Somatic Motor Neurons

Neurons that transmit impulses from the central nervous system to skeletal muscles, facilitating voluntary muscle movements.

Schwann Cells

Specialized cells in the peripheral nervous system that wrap around nerve fibers, providing electrical insulation and helping in the regeneration of damaged nerves.

Oligodendrocytes

Glial cells in the central nervous system that produce myelin, the insulating layer around neurons.

Reverberating Circuits

A neural circuit in which signals travel in a loop, often used to control rhythmic activities such as breathing.