-In the Above Figure, the Long-Run Cost Curve Between Points

question 116

Multiple Choice

-In the above figure, the long-run cost curve between points A and B illustrates

• A) diseconomies of scale.
• B) diminishing marginal product.
• C) constant returns to scale.
• D) economies of scale.

---

Definitions:

Sales Performance Criteria

The standards or benchmarks used to evaluate the effectiveness and outcomes of sales activities and efforts.

Route Sales Representatives

Individuals who sell, deliver, and merchandise products in a specific geographical area or route, often for food and beverage companies.

Input-Based

Relating to approaches or systems that focus on the resources or efforts expended, rather than the outcomes or results achieved.

Motivation

The process that initiates, guides, and maintains goal-oriented behaviors, involving the biological, emotional, social, and cognitive forces that activate behavior.