Dustin Usually Keeps a Distance of About 1 to 3

question 54

Multiple Choice

Dustin usually keeps a distance of about 1 to 3 metres while having conversations with strangers. This is one example of ________ distance.

• A)public
• B)social
• C)personal
• D)intimate

---

Definitions:

Marginal Cost Curve

A graph that shows the increase in cost incurred by producing one more unit of a good or service.

U-Shaped

Characterizes graphs or functions that have a visible dip in the middle, creating a shape similar to the letter "U," often found in economic analyses representing cost curves.

Cost Function

A mathematical description of how production costs vary with changes in the quantity of output produced.

Competitive Market

A market structure characterized by many buyers and sellers, where no single entity has the market power to influence prices significantly.