In the Long Run a Company That Produces and Sells

question 520

Multiple Choice

In the long run a company that produces and sells covers for cell phones incurs total costs of $2,500 when output is 1,250 covers and $4,000 when output is 1,500 covers. For this range of output, the cell phone cover company exhibits

• A)economies of scale.
• B)constant returns to scale.
• C)diseconomies of scale.
• D)efficient scale.

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Definitions:

Costs

In the context of relationships, refers to the negative aspects or sacrifices one must endure, which can include emotional, temporal, or financial investments.

Rewards

are benefits, prizes, or other incentives given to individuals as recognition for their performance, behavior, or contribution, often used to motivate or encourage desired actions.

Relational De-Escalation

The process of reducing the intensity or closeness in an interpersonal relationship deliberately.

Communication Behaviors

The various ways in which individuals express themselves and interact with others through language and actions.