Which of the Following Statements Is TRUE

question 21

Multiple Choice

Which of the following statements is TRUE?

• A)Boys go through growth spurts earlier than girls do.
• B)Both boys and girls who are shorter than their peers before puberty will surpass their peers during the adolescent growth spurt.
• C)Girls are just as tall as and weigh more than boys before puberty.
• D)After puberty,girls will be shorter but heavier than boys will be.

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Definitions:

Resources

Assets or inputs used to produce goods and services.

Economic Profit

The difference between a firm's total revenues and its total costs, including both explicit and implicit costs, indicating the financial gain in excess of opportunity costs.

Accounting Profit

The total revenue of a firm less its explicit costs; the profit (or net income) that appears on accounting statements and that is reported to the government for tax purposes.

Diseconomies of Scale

A situation in which a company or business grows so large that the costs per unit increase, leading to decreased efficiency.