When Marginal Cost Is BELOW Average Variable Cost,average Variable Cost

question 131

Multiple Choice

When marginal cost is BELOW average variable cost,average variable cost must be:

• A)above average total cost.
• B)below average fixed cost.
• C)falling.
• D)rising.

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Definitions:

Neuroticism

A trait in personality psychology referring to the tendency to experience negative emotions such as anxiety, anger, or depression more frequently and intensely than others.

Big Five

Refers to the five broad personality traits described by psychology: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Openness To Experience

A personality trait characterized by a willingness to try new things, engage in imaginative activities, and embrace novel ideas.

Personality Traits

Enduring characteristics or behaviors that define an individual's patterns of thought, emotion, and behavior.