Which of the Following Statements Explains the Difference Between Diminishing

question 181

Multiple Choice

Which of the following statements explains the difference between diminishing returns and diseconomies of scale?

• A)Diminishing returns are the result of changes in explicit costs. Diseconomies of scale are the result of changes in explicit costs and implicit costs.
• B)Diminishing returns refer to production while diseconomies of scale refer to costs.
• C)Diminishing returns cause a firm's marginal cost curve to rise; diseconomies of scale cause a firm's marginal cost curve to fall.
• D)Diminishing returns apply only to the short run; diseconomies of scale apply only in the long run.

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Definitions:

Biophysical Profile

A prenatal ultrasound evaluation of fetal well-being, assessing factors such as movement, tone, breathing movements, and amniotic fluid volume.

Baby Delivery

The process of giving birth to a baby, also known as labor and delivery, encompassing all stages from the onset of contractions to the birth of the child.

Nonstress Test

A prenatal test used to check on a baby's health by measuring heart rate and response to movement.

Fetal Distress

Fetal distress is a term used to describe signs before and during childbirth indicating that the fetus is not well, often due to inadequate oxygen supply.