Figure 13-10 -Refer to Figure 13-10.Suppose the Firm Is Currently Producing Qf

question 39

Multiple Choice

Figure 13-10
-Refer to Figure 13-10.Suppose the firm is currently producing Qf units.What happens if it increases its output to Qg units?

• A) Its average cost of production will fall and its profit will rise.
• B) It will be taking advantage of economies of scale and will be able to lower the price of its product.
• C) It will move from a zero profit situation to a profit situation
• D) It will move from a zero profit situation to a loss situation

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Definitions:

Plantar Reflex

A reflex elicited when the sole of the foot is stimulated, causing the toes to point downward.

Dorsiflexion

The movement that brings the top of the foot toward the shin, decreasing the angle between the dorsum of the foot and the leg.

Plantar Flexion

A movement that decreases the angle between the sole of the foot and the back of the leg, such as pointing the toes.

Reflex Arc

The neural pathway that mediates a reflex action, involving sensory receptors, neural pathways, and effectors.