External Economies of Scale Occur When

question 87

Multiple Choice

External economies of scale occur when

• A)a firm's supply curve is downward-sloping.
• B)an increase in firm output results in lower long-run average total costs.
• C)an increase in the number of firms in an industry causes production costs to decline.
• D)marginal product increases when input increases.
• E)all firms in an industry experience decreasing marginal costs.

Understand the process of operationalization in research.

Differentiate between learned and innate behaviors.

Appreciate the significance of critical thinking in psychology.

Understand the definition and scope of psychology as the scientific study of behavior and mental processes.

---

Definitions:

Occipital

Pertaining to the occipital bone or region, located at the back part of the skull, involving the visual processing center of the brain.

Parietal

Referring to the parietal lobe of the brain, involved in processing sensory information, or the parietal bones of the skull.

Ligamentum Nuchae

A fibrous membrane that provides support to the head by connecting cervical vertebrae to the skull.

Erect

A posture or position that is upright and vertical, or the state of being physically rigid due to the engorgement of blood vessels.