In a Graph with Output on the Horizontal Axis and Total

question 249

Multiple Choice

In a graph with output on the horizontal axis and total revenue on the vertical axis, what is the shape of the total revenue curve for a perfectly competitive seller?

• A)U-shaped
• B)inverted U-shaped
• C)a horizontal line
• D)a ray from the origin

---

Definitions:

Power Distance

A cultural dimension that describes the extent to which less powerful members of society accept and expect power to be distributed unequally.

Hofstede

A theory proposing that cultural differences among countries can impact business and management practices, identified through research by Dutch social psychologist Geert Hofstede.

Cultural Dimensions

The frameworks for understanding the differences in culture across societies, often used to compare national cultures and understand organizational behavior on a global scale.

Time Orientation

An individual's or culture's approach to time, focusing on past, present, or future events, and influencing behavior and decision-making.