Consider the Following Statements When Answering This Question: I

question 138

Multiple Choice

Consider the following statements when answering this question: I. Whenever a firm's average variable costs are falling as output rises, marginal costs must be falling too.
II) Whenever a firm's average total costs are rising as output rises, average variable costs must be rising too.

• A) I is true, and II is false.
• B) I is false, and II is true.
• C) I and II are both true.
• D) I and II are both false.

---

Definitions:

Menstruation

The monthly shedding of the lining of the uterus (endometrium) that results in bleeding from the vagina, part of the female reproductive cycle.

Estrogen

A group of steroid hormones that promote the development and maintenance of female characteristics of the body.

Progesterone

A steroid hormone released by the ovaries, placenta, and adrenal glands that plays a key role in the menstrual cycle, pregnancy, and embryogenesis.

Menstrual Cycle

A recurring cycle in women and female primates where the lining of the uterus is prepared for pregnancy and, if pregnancy does not occur, shed through menstruation.