Which of the Following Explains Why Long-Run Average Cost at First

question 414

Multiple Choice

Which of the following explains why long-run average cost at first decreases as output increases?

• A)diseconomies of scale
• B)less-efficient use of inputs
• C)fixed costs becoming spread out over more units of output
• D)gains from specialization of inputs

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Definitions:

Rouge Test

A self-recognition test typically used on toddlers, where a mark is placed on the forehead and the child's reaction to its reflection is observed to assess self-awareness.

Awareness of Themselves

The condition in which an individual recognizes their own existence and characteristics.

Ainsworth's Study

Research conducted by Mary Ainsworth that classified types of child attachment into secure, avoidant, and ambivalent categories through the Strange Situation Procedure.

Unethical Research

Research activities that violate moral principles, disregard participant welfare, or do not adhere to scientific and ethical standards.