What Type of Galaxy Is This

question 73

Multiple Choice

What type of galaxy is this?

• A) a giant elliptical
• B) an ordinary spiral galaxy
• C) an irregular galaxy
• D) a barred spiral
• E) a dwarf elliptical

---

Definitions:

Long-Run Total Cost

Refers to the total cost incurred by a firm in producing a given output when all inputs, including both fixed and variable costs, are considered over a longer period.

Maximize Profits

A rephrased definition for Profit-Maximizing; aiming to achieve the maximum possible profits through optimal production and sales strategies.

Total Cost

The entire cost of production for a business, including both fixed (unchanging with output) and variable (changing with output) expenses.

Long-Run

A period in economics during which all factors of production and costs are variable, allowing all inputs to be adjusted to change the level of output.