Which One of the Following Statements Is False

question 28

Multiple Choice

Which one of the following statements is false?

• A)Total variable cost plus total fixed cost equals total cost.
• B)Marginal cost equals the change in total cost divided by the change in output.
• C)Average total cost is calculated by dividing total cost by the level of output.
• D)The average cost curve is U-shaped.
• E)The total cost curve is U-shaped.

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Definitions:

Human Relations Movement

A critique of classical management and bureaucracy that advocated management styles that were more participative and oriented toward employee needs.

Bureaucracy

Max Weber’s ideal type of organization that included a strict chain of command, detailed rules, high specialization, centralized power, and selection and promotion based on technical competence.

Social Resources

refer to the assets and supports a person acquires through relationships and social networks, which can include emotional support, information, and material aid.

Organizational Behaviour

Organizational behaviour is the study of how people interact within groups and organizations, and how this behavior affects the performance, structure, and culture of the organization.