Which of the Following Is Most Likely to Be Possible

question 62

Multiple Choice

Which of the following is most likely to be possible?

• A)making a normal curve from a bimodal distribution
• B)making a bimodal distribution from a normal curve
• C)making an ordinary frequency table from a grouped frequency table
• D)making a grouped frequency table from an ordinary frequency table

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Definitions:

Short-Run

A period during which at least one input (for example, plant size, machinery) in the production process is fixed and cannot be changed.

Tangent

A straight line that touches a curve at a single point without crossing it, often used in geometry and calculus to represent the slope of the curve at that point.

Diseconomies of Scale

An economic concept referring to a situation where, as a firm expands, the costs per unit increase.

Long-Run Average Total Cost Curve

A graphical representation that shows the lowest average total cost at which a firm can produce any given level of output in the long run, where all inputs are variable.