The Portion of the Long-Run Average Cost Curve in Which

question 68

Multiple Choice

The portion of the long-run average cost curve in which economies of scale are experienced shows that as output increases,the

• A) average total cost decreases.
• B) average total cost increases.
• C) marginal cost increases.
• D) marginal cost decreases.
• E) average variable cost is constant and the average fixed cost decreases.

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Definitions:

Sexual Harassment

Unwanted or inappropriate sexual advances, comments, or behaviors, often occurring in the workplace or educational settings, that can create a hostile environment.

Workplace

The physical or virtual environment where people perform their job duties.

Power

The ability or capacity to direct or influence the behavior of others or the course of events.

Homophobia

An aversion or hostility towards homosexual people, often manifesting in discriminatory behaviors or beliefs.