For a Short-Run Cost Function Which of the Following Statements

question 10

Multiple Choice

For a short-run cost function which of the following statements is (are) not true?

• A) The average fixed cost function is monotonically decreasing.
• B) The marginal cost function intersects the average fixed cost function where the average variable cost function is a minimum.
• C) The marginal cost function intersects the average variable cost function where the average variable cost function is a minimum.
• D) The marginal cost function intersects the average total cost function where the average total cost function is a minimum.
• E) b and c

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Definitions:

Endospores

Highly resistant, dormant structures formed by some bacteria to survive extreme environmental conditions.

Antibiotic Resistance

The ability of bacteria and other microorganisms to resist the effects of an antibiotic to which they were once sensitive, leading to treatment challenges.

Viral Resistance

The ability of an organism or cell to resist the effects of a virus, often through genetic or biochemical mechanisms.

Motility

The ability of an organism or cell to move by itself, utilizing various mechanisms like flagella or muscular contractions.