Which of the Following Is an Example of a Long-Run

question 103

Multiple Choice

Which of the following is an example of a long-run cost for a manufacturing firm?

• A) the purchase of additional raw materials
• B) hiring more employees
• C) an increase in the size of its factory
• D) paying higher tax rates
• E) increasing the size of its management team

---

Definitions:

Polychronic Cultures

Societies that prioritize relationships over schedule adherence, often multitasking and valuing personal interactions.

Low-Context Cultures

Cultures in which people are more direct and explicit in their communication and do not rely heavily on the context, or non-verbal cues, to convey meaning.

High-Context Cultures

Cultures where communication relies heavily on the context, including non-verbal cues and the relationships between speakers, rather than just words.

Multimodal Style

A communication approach that uses multiple modes, such as text, images, and sound, to convey information.